Making an IRA Qualified Charitable Distribution (QCD) in 2021 The Cares Act suspension of required minimum distribution (RMD) has not been extended into 2021. If you are 70 ½ and older, you can donate up to $100,000 in IRA assets directly to the Community Foundation without taking the distribution into taxable income. Remember, the new RMD
Learning about IRA Gifts After years of deliberate saving and investing, your Individual Retirement Account (IRA) has grown. It may even exceed your need for daily living expenses and create a tax burden. How can you reduce the burden and do something special with the annual Required Minimum Distribution (RMD)? Give it to charity. The
Our Role in Philanthropy At the Community Foundation of Shelby County, we help people who want to provide a lasting gift to help the community. We assist donors in creating charitable funds to benefit the regions, causes, or organizations of their choosing. Some charitable funds have one donor while others are established by the gifts
We often sit down with individuals like you and figure out a plan that can help you give to things that matter most. Simple questions revolving around motivation and interests helps us customize a type of fund that can carry out your intentions. Intentions may change throughout your giving journey – your focus (cause and geography),
