Why a QCD
- Potential tax advantages. QCDs may reduce taxable income when paid directly from your IRA to an eligible charity. Consult your advisor.
- Counts toward your RMD. If you are 73 or older, a QCD can satisfy all or part of your required minimum distribution.
- Immediate impact. Your gift can be put to work for families right away.
How to make a QCD
- Contact your IRA custodian and ask for their QCD form.
- Provide our details: The Alexander Foundation, EIN 03-0534249, PO Box 584, Grand Blanc, MI 48439, [email protected].
- Have the check made payable to The Alexander Foundation and mailed to our address, or sent electronically if your custodian supports it.
- Email us so we can watch for your gift and send your acknowledgment promptly.
Information only. The Alexander Foundation does not provide tax or legal advice. Please consult your advisor.