Hundreds of companies realize the importance of giving back to the community and are getting involved by matching their employees' donations to our organization. By asking your employer to back your commitment, you are making your contribution even more meaningful and increasing its impact on the chapter. If you are not certain if your company matches you may want to check the GTAA site where they keep a very accurate listing of applicable companies that match gifts to the Alumni Association and in many case will match your Beta Psi Foundation gift also.
Attention Beta Psi Alumni Ages 70 1/2 or Older:
The new U.S. tax legislation recently signed into law includes an extension of a provision allowing older people to continue to make charitable donations directly from their individual retirement accounts in 2010 and 2011. Further, it allows individuals to make the charitable transfers for 2010 through January 2011 and treat them for tax purposes as if they were made during 2010. The provision, which was originally enacted in 2006 as part of the Pension Protection Act, allows those with IRAs who are 70 1/2 and older to directly transfer up to $100,000 tax-free each year to charity as part or all of their required minimum distribution, or RMD.