Donate Non-Cash Assets
If you would like to increase your giving this year to Indiana Right to Life Education Trust Fund (501c3), consider using your non-cash assets through your IRA using a QCD or Donor-Advised Fund.
Using a Qualified Charitable Distribution (QCD), also known as a Charitable IRA Rollover, allows individuals ages 70.5 and older to make a sizeable gift from an IRA to Indiana Right to Life Education Trust Fund (501c3), and gives a donor the potential of receiving significant tax benefits in return. A QCD may provide greater tax savings than cash donations alone. A QCD also allows IRA owners up to $105,000 in tax-free gifts to charity.
Benefits to a QCD may include:
For ages 73 and older, will count toward your required minimum distribution (RMD) for the year.
Charitable distributions may reduce your taxable income.
Gifts to the charity are tax-free so your entire gift will go to Indiana Right to Life Education Trust Fund (501c3).
To make a charitable gift from your IRA to Indiana Right to Life Education Trust Fund (501c3), simply contact your IRA trustee/custodian through your plan website, or consult your financial advisor and inform them you would like to direct/make your QCD charitable gift.