Gifts from Your IRA: Qualified Charitable Distributions (QCDs)
What are Qualified Charitable Distributions?
Qualified Charitable Distributions (QCDs) are distributions made directly from an Individual Retirement Account (IRA) to a qualified nonprofit organization such as Pristine Mind Foundation.
For eligible donors, QCDs may be excluded from taxable income and may count toward all or part of a Required Minimum Distribution (RMD). QCDs can be a meaningful way to support the work and mission of Pristine Mind Foundation.
Who is Eligible?
Individuals age 70½ and older may be eligible to make charitable distributions directly from an IRA to Pristine Mind Foundation.
How do I get started?
To make a Qualified Charitable Distribution to Pristine Mind Foundation, download this letter of instruction, fill it out, and give it to your IRA trustee or financial institution.
For questions, please contact [email protected].
Please consult your financial or tax advisor and IRA provider to determine whether a Qualified Charitable Distribution is appropriate for your circumstances and to confirm current requirements.
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