QCD/IRA Donation

Consider a tax-free gift from your IRA
If you’re age 70½ or older, there’s a powerful way to support VKCCI and reduce your tax burden.

By making a Qualified Charitable Distribution (QCD) directly from your IRA, you can donate up to $108,000 annually (beginning in 2024 this amount is adjusted annually for inflation), TAX-FREE, to VKCCI. Many of our supporters use this strategy to fulfill their Required Minimum Distribution (RMD) while turning retirement savings into real, lasting impact.

Why Consider A QCD?

  • Tax-Free Giving: Your gift is excluded from your taxable income
  • Satisfies RMDs: Starting at age 73, QCDs count toward your required minimum distribution
  • Immediate Impact: Your support helps VKCCI, right now
  • Simple To Do: Ask your IRA custodian to transfer funds directly to VKCCI

Additional Benefits

  • No need to itemize: You can benefit even if you take the standard deduction
  • Lower your AGI: May reduce Medicare premiums and Social Security tax
  • Large giving potential: Because QCDs are not subject to income-based charitable deduction limits, you may be able to give more than you could with cash or appreciated assets

If You’re Not Ready To Give Now

You can still create a meaningful legacy. By designating VKCCI as a beneficiary of your IRA, you ensure that your values and support continue beyond your lifetime.

VKCCI, your Charity, appreciates and is grateful for your generosity.

Before to make such a donation talk to your IRA custodian to make sure that you understand the applicable rules.