In general, distributions to you from your IRA are taxable. However, you can avoid the tax. If you are taking the Required Minimum Distribution (RMD) from your IRA then you can instruct the trustee of your IRA to distribute the cash directly to the Center. The distribution directly to the Center is called a Qualified Charitable Distribution or QCD. The IRS allows you to avoid paying taxes on all QCDs to organizations eligible to receive tax deductible contributions (like the Center) up to a combined limit of $100,000 per year. A QCD will also count towards your required minimum distribution.

 

How to make a Qualified Charitable Distribution:

  1. Please notify WRC of the distribution by emailing ann@wrcoftherockies.org.
    Your information will allow us to identify and promptly acknowledge your gift.
  2.  Contact the trustee of your IRA and instruct them to make a QCD from your IRA
    to the Center by check payable to the Women’s Resource Center of the Rockies.
    • Our mailing address is:
      Women’s Resource Center of the Rockies
      PO Box 3729
      Dillon, CO 80435
  1. Provide the trustee with our Tax ID Number: 26-0461526

We encourage you to contact your tax advisor before proceeding with your gift.

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