If you meet the age requirement per Federal Tax Laws (70 ½ as of 2019), you may be able to make a tax-free charitable gift to Trout Unlimited from your IRA. A “Qualified Charitable Distributions” (QCD) allows individuals to donate up to $100,000 each year, subject to deductible contributions made to your IRA. It is an effective way to support Trout Unlimited while achieving your philanthropic goals. Please consult your tax advisor or financial planner for more details.
Please note the following:
- The donation must be made directly from the custodian of your IRA to Trout Unlimited.
- The donation must be cashed (not just received) by Trout Unlimited in the calendar year to satisfy your required minimum distribution.
- You cannot receive any goods or services in exchange for the QCD portion of your IRA donation.
- While the SECURE Act changed the start date for mandatory distributions to age 72, Qualified Charitable Distributions can still be made beginning at age 70½.
Please consult your professional tax advisor before contributing through your retirement account.
Another great way to support Trout Unlimited is by naming the organization as a beneficiary of your IRA, 401(k), or other qualified retirement plan. You can simply request a beneficiary designation form from your plan provider and include TU as a full or partial beneficiary.
Instructions to Deliver IRA gifts to Trout Unlimited:
TROUT UNLIMITED, INC 1777 North Kent Street Suite 100 Arlington, VA 22209 USA
Employer Identification Number (EIN): 38-1612715
Group Exemption Number: 2266
For more information, please contact TU Development Team at firstname.lastname@example.org.