John, thanks for the speedy reply! I found references similar to what you posted below, which is why I was thinking they (ie Planned Giving) is just saying that the check has to be deposited since the IRS rules only state that the funds have to be withdrawn.
I did find a response you had posted last January about the mail delay, and you made the statement: The only gifts you have to worry about are IRA RMD payments. If those are not issued directly by the financial institution, the checks must be cashed by December 31. The same applies to QCDs if the donor wants the QCD to count toward their calendar year RMD amount.
Where I am tying myself up in knots is the part about being issued by the financial institution – I suppose you mean versus the personal check-type things the donor sends in directly? Because if so, and the financial institution made the withdrawal from the IRA account to issue the check, then we're in the clear, which is what I've been assuming all along.
Sorry if I am being pedantic!
We had a donor contact us as well-they put their IRA check in the mail. The University is closed this week-and since everything goes through the mailroom first, I literally have no way of accessing the mail.
Click here to learn about the Guilford Forward Fund
Kimberly G. Berry
Associate Vice President, Advancement Operations
Office of Advancement and Alumni Relations
Office: (336) 316-2352 Cell: (518) 522-8800