Qualified Charitable Distribution (QCD)

Flock of snow geese flying away.

Questions?

Contact Jenny Claycombe, Advancement Director, at jenny@coastalprairieconservancy.org.

Support the Coastal Prairie Conservancy with a Qualified Charitable Distribution (QCD) from Your IRA

A qualified charitable distribution (QCD) is a distribution of funds from your IRA (other than a SEP or SIMPLE IRA) directly to a qualified charitable organization, such as the Coastal Prairie Conservancy. 

Because the gift goes directly to the charity without passing through your hands, the dollar amount of the gift may be excluded from your taxable income up to a maximum of $111,000 annually, with some exceptions. Please consult your tax advisor for information regarding your specific exceptions.

Who can make a qualified charitable distribution?

Individuals 70 ½ years of age and older are required to take an annual distribution from your IRA. Donors who do not need these funds for living expenses, often choose to make QCDs from their IRAs to support the Coastal Prairie Conservancy.

If you are at least 59½ years old, you can take a distribution and then make a gift from your IRA without penalty. If you itemize your deductions, you can take a charitable deduction for the amount of your gift.

Your QCD must be made directly from your IRA custodian on your behalf. Each financial institution has its own process for initiating a qualified charitable distribution.