Making A Gift From Your IRA: Qualified Charitable Distributions
If you are 70 ½ years old or older, you can easily support the programs that matter to you by making a Qualified Charitable Distribution (QCD) from your IRA to Finish Line Ministries International.
A Qualified Charitable Distribution is a tax-free direct transfer of funds from your IRA to Finish Line Ministries International.
If you are taking your annual Required Minimum Distribution (RMD), the QCD will count toward that distribution. You can transfer up to $108,000 to charities in a calendar year.
It's Easy To Make A Qualified Charitable Distribution To Finish Line From Your IRA:
You must request a direct transfer of funds to Finish Line Ministries International from your IRA plan custodian for the gift to be tax-free, known as a Qualified Charitable Distribution.
Your gift can be utilized to fulfill your required minimum distribution (RMD) from your IRA once it begins.
Each person may give up to $108,000 annually.
Gifts can be designated for a specific Finish Line Ministries International project or allocated where most needed.
If you have questions regarding Qualified Charitable Distribution gifts, feel free to contact Sean Patrick via email or telephone: legacy@finishlineministries.org or 614-224-1951.