IRA Qualified Charitable Distribution
A Smart Way to Give and Save on Taxes
If you are 70½ years old or older, there is an easy way to help Friends of the Fiscalini Ranch Preserve while also saving on taxes! You can give up to $100,000 per year from your IRA directly to a charity like ours without paying income taxes on that money. This is called an IRA charitable rollover, or a qualified charitable distribution (QCD).
Why Give This Way?
- You won’t pay income taxes on your gift. This means you may owe less in taxes overall.
- If you are 73 or older, your gift can count toward your Required Minimum Distribution (RMD).
- Your income level may go down. This could help lower your Medicare costs and the taxes you pay on Social Security.
- Your entire gift will go to work right away. You can see the difference your donation makes!
- You can make giving easier. Some forms let you check a box to make your gift happen automatically every year.
To give, ask your IRA administrator to send your gift directly to Friends of the Fiscalini Ranch Preserve. If the money goes to you first, it won’t be tax-free.
our information
- Legal Name: Friends of the Fiscalini Ranch Preserve
- Federal Tax ID Number: 91-2161009
- Street Address: 604D Main Street, Cambria, CA 93428
- Mailing Address: P.O. Box 1664, Cambria, CA 93428
The contents of this page are provided for informational purposes only and are not intended as a substitute for professional legal or estate-planning advice. Friends of the Fiscalini Ranch Preserve strongly recommends that you consult a professional advisor trained in handling trusts and estates when considering any planned giving options.