If you are 70 ½ or older and have a traditional IRA*, you can save lives and save on taxes by making a qualified charitable distribution (QCD) to Animal Place.
Depending on your age*, a QCD can be a compassionate way to fulfill your required minimum distribution (RMD) and reduce your overall tax burden. For those at least 72, QCDs count toward the IRA owner’s RMD for the year.
To make giving simple, we’ve partnered with FreeWill. In a few minutes, you can make an impact for farmed animals and receive significant tax savings! By using the tool below to give from your IRA, you can auto-complete your paperwork, and we can track your gift to send you the proper tax receipts. Donate quickly and easily today with this secure IRA donation tool.
Amplify your impact for the animals by setting up a monthly QCD giving plan and becoming an Animal Place Humane Hero!
*Or an inherited IRA, inactive Simplified Employee Pension (SEP) plan and inactive Savings Incentive Match Plan for Employees (SIMPLE) IRAs.
*If you have reached age 72 (73 if you reach age 72 after December 31, 2022).
Please consult with your tax and financial advisors to ensure you follow all guidelines.
FAQs
Can I claim an income tax deduction for my QCD donation?
No. However, donating from your IRA to charity reduces your taxable income, which may provide you with greater income tax savings.
Is there a QCD option for my 401(k) or 403(b) account?
No. The QCD option and its possible tax benefits are only available from your traditional tax-deferred IRA. You can rollover assets from your 401(k) account into a traditional IRA and then donate from your IRA to charity. Or you can name a donor-advised fund (DAF) or public charity as a pay-on-death beneficiary as part of your estate planning.
How much can I donate to charity from my IRA?
You may roll over up to $111,000 per year to a qualified charity.
In place of our secure tool, you will need the following information to make a QCD donation to Animal Place:
Animal Place
17314 McCourtney Road
Grass Valley, CA 95949
EIN: 68-0200668
For questions, please email Marji, Development Director, at [email protected] or call (530) 477-1757.