IRA Qualified Charitable Distribution

For anyone age 70 1/2 or older, Qualified Charitable Distribution (QCD) gifts made directly from an IRA to Saint Agnes School may bring significant tax benefits. (QCD gifts are allowable up to $108,000 annually or up to $216,000 for a married couple.)

These gifts are tax-free, regardless of whether or not you itemize deductions on your tax return and can potentially reduce your taxable income. If you have to take a Required Minimum Distribution, QCDs are one way to reduce the tax liability when donation are made directly from your IRA to Saint Agnes School.

Contact your IRA provider to request a donation be made directly to Saint Agnes School, tax ID# 41-0694737.

Note: Some financial institutions do not include donor name with IRA gifts. Please call or email us to let us know that you have made an IRA donation to Saint Agnes School so we can acknowledge and thank you properly.

Main Menu

Portals

IRA Qualified Charitable Distribution