IRA owners 70 1/2 or better have the option to transfer up to $100,000 a year to their favorite charity, and they can do it tax-free! These transfers, known as qualified charitable distributions (QCDs) offer eligible older Americans a great way to give to charity before the end of the calendar year. And for those who are at least 72, QCDs count toward the IRA owner’s required minimum distribution (RMD).
QCDs and RMDs make for a convenient way for you to support the mission and vision at Imago Dei Middle School.
Any IRA owner who wishes to make a QCD for 2022 should contact their IRA trustee soon so they’ll have time to complete the transaction before the end of the year. QCDs must be paid directly from the IRA to an eligible charitable organization. Most IRA trustees will request the following information to help them make your requested QCD or RMD gift:
Legal name/Payable: Imago Dei Middle School
Mailing Address: PO Box 3056, Tucson AZ 85702
Tax ID number: 86-1155866
Staff contact: Randy Peterson, 520-882-4008, firstname.lastname@example.org
Please contact Randy if you have any questions about supporting Imago Dei with your QCD or RMD. Additional information is also available on the flier available for download here.