Qualified charitable distribution
Give directly from your IRA.
If you are 70½ or older, you can give up to $111,000 annually directly from your IRA as a qualified charitable distribution (QCD):
- The amount is excluded from your taxable income.
- It can satisfy all or part of your required minimum distribution (RMD).
- You do not need to itemize deductions to benefit.
- Lower taxable income may reduce your Social Security taxes and Medicare premiums.
How to make a QCD
Ask your IRA custodian to send a gift.
Ask your IRA custodian to send a check, or use the IRA checkbook designated for QCDs, made out to NSEA at the address below.
Nooksack Salmon Enhancement Association
3057 E. Bakerview Rd., Bellingham, WA 98226
EIN #: 94-3140165
Supporting NSEA helps protect and restore salmon habitat in the Nooksack River watershed. Your gift, whether cash, stock, or an IRA distribution, can also provide valuable tax advantages. NSEA is a 501(c)(3) nonprofit; our federal tax-exempt number is 94-3140165.
Please consult your tax advisor on the tax implications of your charitable gifts. NSEA does not provide tax or legal advice.
Questions about a QCD?
We’re glad to help you and your custodian sort out the details. Thank you for supporting the salmon and wildlife of the Nooksack River basin.