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Give by QCD

A qualified charitable distribution (QCD) allows individuals who are 70½ years old or older to donate up to $100,000 total to one or more charities directly from a taxable IRA instead of taking their required minimum distributions. Since Cotting School is a registered 501(c)(3) organization, you can support our mission by donating directly from an IRA. By giving with this method, donors may avoid being pushed into higher income tax brackets and prevent phaseouts of other tax deductions, though there are some other limitations. A QCD can potentially enable a donor to give a bigger charitable gift than they could if they just donated cash or other assets. Contact your financial advisor for more information and to find out the best personal option for you.