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qualified charitable distributions (qcd)

A Qualified Charitable Distribution (QCD) is a tax-free way to donate to charity by making a distribution from an IRA directly to C3F. This allows individuals age 70½ and older to make charitable contributions without incurring taxes on the distribution. 

Who can make a qualified charitable distribution?

QCDs can be made by IRA owners who are age 70 1/2 or older. Your tax advisor can provide additional information on your particular situation. Many individuals who are required to take money from their IRA but do not need it for living expenses have chosen to make QCDs from their IRAs to support the work of the Charlevoix County Community Foundation. This may make sense for you too!

To learn more about eligibility.

How do I make a qualified charitable distribution to the Charlevoix County Community Foundation?

Your QCD must be made directly from your IRA custodian to the Charlevoix County Community Foundation on your behalf. Each financial institution has its own process for initiating a qualified charitable distribution. Many retirement plan administrators require you to use their distribution forms and comply with other requirements Contact Matt Greer at mgreer@c3f.org or Pam Decker at pdecker@c3f.org if you would like to talk about how we can connect you with philanthropic opportunities right here at home.