Make a Smarter Donation

If you are 70.5 or older, your donations could be saving you more on your tax bill.

Virginia Organizing donors who are 70.5 or older are eligible to make tax-free donations from their IRAs, known as Qualified Charitable Distributions (QCD), regardless of whether they itemize deductions on their tax returns.

How it works:

Contact the financial institution that manages your IRA and find out what your required minimum distribution is. Choose how much of that sum you’d like to donate to Virginia Organizing as a tax-free QCD gift.

Ask the financial institution that manages your IRA to send your gift to Virginia Organizing, 703 Concord Avenue, Charlottesville 22903 and to make sure your name is on the paperwork. 

For more information, contact Sally Bastian at Bastian@virginia-organizing.org.