Another tax-beneficial giving tool is the Qualified Charitable Distribution (QCD) from an Individual Retirement Account (IRA).  If you are 70½ or older, you can make a QCD of up to $100,000 to qualified nonprofit organizations.  QCDs are exempt from taxable income and can satisfy all or part of your required minimum distribution from your IRA in a given year.

If you’re interested in exploring these or other end-of-year gift opportunities, call us at 915-218-2644.