If you are age 70½ or older and have an IRA, you can make a charitable gift in a way that may also reduce your taxable income. This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a qualified charitable distribution, or QCD for short. It allows you to transfer money directly from your IRA to a qualified charitable organization without paying income tax on the amount you give. It is one of the most tax-efficient ways to make a difference.
Additionally, if you are age 72 or older, you may be able to use this gift to satisfy all or a portion of your required minimum distribution.
To make a gift from your IRA to BILD International, contact your IRA administrator to arrange a direct transfer from your account. We strongly recommend you instruct your broker to include your name and address with the check. Your IRA administrator can send the funds by a check made payable to the BILD International and mailed to:
BILD International
2400 Oakwood Road
Ames, IA 50014
Tax Identification: 42-1281868
Please notify Anne Sents in advance at anne.sents@bild.org . If the transfer is made with out our knowledge, we may not be able to give you proper credit
Please contact Anne Sents at anne.sents@bild.org if you have any questions.