About Qualified Charitable Distributions
Qualified Charitable Distributions (QCDs), also known as IRA Charitable Rollovers, are the savviest way for individuals age 70 ½ or older to use their IRAs to maximize their charitable impact. When you take distributions from your IRA, it usually counts as income for tax purposes. QCDs are an exception. If you are 70 ½ or older, you can distribute up to $100,000 a year from your IRA to your favorite 501(c)(3) organizations without counting the distribution as income. It is recommended you consult with your tax advisor when donating a QCD.
Benefits
- Reduce taxable income
- Counts towards your Required Minimum Distribution for the year
- Make an immediate impact on our mission
How it works
- Instruct your IRA custodian to distribute funds directly to one or more eligible charities.
- Enjoy the benefit of a tax-free distribution from your IRA, contributing towards your required minimum distribution for the year.
- Potentially reduce tax liability by excluding the distribution amount from taxable income.
You will not receive a charitable income tax deduction for a Qualified Charitable Distribution.
Please use the following legal name and tax identification:
North Carolina Wildlife Federation, Tax ID# 56-1564376.
Please notify us about your gift so we can thank you for your generosity. You can reach NCWF VP of Philanthropy Kate Greiner at 704-332-5696 or [email protected].
We’re here to help you meet your goals!
Our team would be happy to speak with you in confidence about your giving goals, with no obligation.
Name: Kate Greiner
Title : Vice President of Philanthropy
Phone: 704-332-5696
Email: [email protected]
Already included us in your estate plan? Let us know
More ways to make an impact
Gifts in a will or trust
Donations in your will or trust are (by far) the most popular type of planned gift. Learn more, or get help starting your will (for free!).
Beneficiary designations
Gifting assets not covered by your will — like 401(k) or IRA accounts — may help your heirs avoid unwanted taxes, even if you’re below the estate tax threshold.