Donations to the College impact students’ lives in very real and tangible ways. These funds provide resources for academic, athletic and student life programs. The generosity of our alumni, friends and partners allow us to provide a quality, faith-based education with relevance and flexibility for a lifetime.
At the heart of the mission of Thiel College is our commitment to educating young men and women for well-rounded lives filled with intellectual curiosity, professional accomplishments and service to the world. The Thiel community strives to be a place that values our members, stimulates critical thinking and provides a pathway for personal growth.
On December 16, the Senate passed HR 5771, which included a one-year extension of expired tax provisions retroactive to January 1, 2014. This reauthorizes the IRA charitable rollover through December 31, 2014. Donors age 70 1/2 and older may transfer up to $100,000 from their IRA to a qualified public charity, such as Thiel College. The transfer will be made free of federal income tax and the gift qualifies for the donor's 2014 required minimum distribution (RMD).
This important provision is only open until December 31, 2014, and action would need to be taken as soon as possible to insure that the transfer takes place by this date.
If you have any questions or would like to discuss this further, please contact Mario Marini ’91 at 724-589-2022 (office phone), 724-456-4067 (cell phone) or firstname.lastname@example.org.