IRA Qualified Charitable Distribution

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How to make a Qualified Charitable Distribution
What is a Qualified Charitable Distribution?
Benefits of an IRA Qualified Charitable Distribution

1. Contact your IRA Custodian or financial advisor to ask them to issue a QCD from your IRA to Cru.
   
   
2. Notify us by filling out the Online Notification Form or Printing the Notification Form, and once completed, email it to us at ira@cru.org.
   
   
3. Your Custodian will then send a check on your behalf to continue our important work. We will mail you an acknowledgment letter for your gift that states that no goods or services were provided. Please keep this for your records. IRA charitable rollover gifts do not qualify for a charitable deduction. 

Many generous ministry partners like you have seen the benefits of contributing from a traditional IRA by using a qualified charitable distribution (QCD) to accelerate the Great Commission.

A QCD is a direct transfer from your traditional IRA to a qualified charity, like Cru.

At age 70 ½ or older, you may give pre-tax funds out of your individual retirement account (IRA) and lower your tax burden, sometimes even more so than giving cash on hand. You can transfer up to $108,000* directly from an IRA to a qualified charity like Cru each year and avoid triggering federal income tax. Beginning at age 73, this transfer may also count toward your required minimum distribution (RMD). A married couple with separate IRAs may each transfer as much as $108,000 annually.

Please consult your financial advisor to see if this is a good option for you!

• Avoid taxes on transfers of up to $1080,000 from your IRA to our organization.
  
  
• Satisfy your required minimum distribution (RMD) for the year.

• Reduce your taxable income, even if you do not itemize deductions.

• Help further the work and mission of our organization!

If you have any questions about an IRA charitable rollover gift, please contact us.
We would be happy to assist you and answer any questions you might have.