If you’re planning to give a year-end gift to your alma mater, the new tax laws may affect you. The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 “provides a two-year retroactive extension of the IRA Charitable Rollover. Specifically, the new law reinstates the Rollover for 2010 and allows any eligible gifts made by January 31, 2011 to be treated as a 2010 donation and be used to satisfy the taxpayer’s minimum distribution requirement for 2010. The new expiration date for the Charitable Rollover is December 31, 2011.”

You can find more information at the Partnership for Philanthropic Planning website.