Investing in the next generation feels good -especially when it’s tax-free!
Did you know?! The Qualified Charitable Distribution (QCD) allows IRA holders, age 70 ½ or older, to donate to a qualified charity from their Traditional or Roth IRA (including inherited) tax-free.
Satisfy your required minimum distribution while impacting the lives of our most vulnerable youth.
What it takes to make a QCD to Friends – Central Oregon:
- The QCD must come from a Traditional or Roth IRA (including inherited)
- Beneficiary must be at least 70 1/2
- The distribution must be issued directly to Friends of the Children Central Oregon
- The donor cannot receive any benefit from making a QCD and the QCD cannot be deposited by the charity into a donor advised fund
- Checks must be issued by December 31 in order to apply to 2022
We suggest you consult your tax professional to ensure it is in your best interest to complete a QCD and that your distribution qualifies.
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Support Friends of the Children Central Oregon with a qualified charitable donation from your IRA
Make your check payable to:
Friends of the Children Central Oregon
Mail to:
Friends of the Children Central Oregon
P.O. Box 6028
Bend, OR 97708
Friends of the Children Central Oregon is registered as a 501(c)(3) non-profit organization. Contributions are tax-deductible to the extent permitted by law. Tax identification number: 82-1749087.