A Qualified Charitable Distribution (QCD) allows individuals age 70½ and older to donate to $108,000 in 2025 (an amount that is adjusted each year for inflation) to public charities direct from an IRA. QCDs can be an effective way to give tovcharity as well as reduce your tax bill, since they are excludable from taxable income. Once you reach the age when required minimum distributions (RMDs) kick in, a QCD can be used to satisfy all or a portion of the RMD that is due from an IRA. There are numerous tax rules to consider before initiating a QCD.
That’s why we recommend discussing this strategy
with your advisor and a tax professional before taking any action.
Give Through Your IRA – Qualified Charitable Distribution (QCD)
If you are age 70½ or older, you can donate up to $100,000 per year directly from your IRA to our nonprofit without paying income tax on the distribution. This is called a Qualified Charitable Distribution (QCD) — an easy and tax-smart way to support our mission.
When completing your QCD, please instruct your IRA custodian to make the check payable to:
Organization Name: The Cuenca Foundation, Inc.
EIN: 88-3097392
Thank you for your generous support!
If you have additional questions or require additional assistance contact us at info@cuencafoundation.org
Learn More:
How to Use Your RMD to Maximize Charitable Giving – Aspen Times