IRA Charitable Gifts
If you are age 70 ½ and older, you can give up to $105,000 from your IRA to ABA without counting the distribution as income.
How It Works
This charitable gift option is now a permanent part of the U.S. tax code. The amount will count toward your Required Minimum Distribution (RMD). There is no additional tax deduction BUT there is also no income tax on this qualified charitable distribution (QCD). The distribution to ABA must be completed by December 31 of the current tax year.
- You must be at least age 70 ½.
- The distribution must come directly from your IRA account in the form of a check prepared by your IRA custodian upon your request.
- The gift may come from a Traditional or a Roth IRA (special exclusions may apply to other types of IRAs.
How YOU Benefit
- This gift can help meet your Required Minimum Distribution (RMD).
- There is no income tax on the withdrawal for the gift distribution.
- Provides support for the mission and programs of ABA
How To Transfer
The process of initiating a Qualified Charitable Distribution to ABA can vary depending on your IRA account trustee. Here is the information your trustee will need:
American Birding Association
PO Box 3070
Colorado Springs, CO 80934
ABA is a 501(c)(3) tax-exempt organization and our TaxID # is 74-2347314.
If we can be of any assistance, please contact Maggie FitzGibbon, ABA Director of Membership and Development at giving@aba.org or at 302-838-3643.
