Qualified Charitable Distribution (QCD)
If you are 70½ or older, an Qualified Charitable Distribution (QCD) from your IRA is a way you can help Public Radio East.
Benefits of an Qualified Charitable Distribution (QCD)
- Satisfy your required minimum distribution (RMD) for the year
- Reduce your taxable income, even if you do not itemize deductions
- Make a gift that is not subject to the deduction limits on charitable gifts
- Help further the work and mission of our organization
How an Qualified Charitable Distribution (QCD) gift works
- Contact your IRA plan administrator to make a gift from your IRA to us. You may use this sample letter: public-radio-east-sample-letter-to-ira-administrator.pdf
- Your IRA funds will be directly transferred to our organization to help continue our important work.
- Please note that Qualified Charitable Distribution (QCD) do not qualify for a charitable deduction.
- Include your name and address as the donor on record to ensure PRE can properly credit this donation. PRE’s tax identification number is 56-1802728.
Contact us
If you have any questions about an Qualified Charitable Distribution (QCD), please contact us. We would be happy to assist you and answer any questions you might have.
Please see the IRS’s latest news release regarding Qualified Charitable Distribution (QCD)
https://www.irs.gov/newsroom/reminder-to-ira-owners-age-70-and-a-half-or-over-qualified-charitable-distributions-are-great-options-for-making-tax-free-gifts-to-charity
The information is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor.