If you are 70½ or older and have an IRA, you are already qualified!
How a Qualified Charitable Distribution (QCD) Works
You are at least 70½ years old with IRA funds you no longer need
Make a qualified charitable distribution (QCD) from your IRA
Your QCD goes directly to the Louisiana Bar Foundation, supporting a cause you care about
*If you are 73 years old or older, your QCD can count towards your required minimum distribution (RMD)!
Did You Know?
Sample Beneficiary Designation
Legal name: The Louisiana Bar Foundation
Address: 1615 Poydras Street, Suite 1000, New Orleans, Louisiana 70112
Federal Tax ID number: 23-7100704
Discover the Benefits of a Qualified Charitable Distribution (QCD)
Reduce Your Taxable Income
When you take funds from your IRA, they count as taxable income. But if you transfer them directly to the Louisiana Bar Foundation, you reduce your taxable income while satisfying your RMD.
Fulfill Your Required Minimum Distribution (RMD)
After you turn 73, you must distribute funds from your IRA. If you do not distribute the required minimum, you may be penalized, but a QCD allows a transfer up to $105,000 per individual or $210,000 per couple to satisfy your RMD.
Transform the World
When you make a qualified charitable distribution from your IRA to the Louisiana Bar Foundation, you will help us preserve, honor, and improve our system of justice for years to come.
“I’m proud of Louisiana, I’m proud of New Orleans, which is like my second hometown, and they have good things going for them. But you must support them, and you must work for them… I have confidence in the Louisiana Bar Foundation.”
—Mary Cupp, Donor
Find Out if a Qualified Charitable Distribution is Right For You
I was born before . | Yes | No |
---|---|---|
I have a qualified IRA. | Yes | No |
I want to make an impact with the Louisiana Bar Foundation today. | Yes | No |
You’re qualified to make this type of gift!
It looks like there are still some requirements that need to be met!
Take Your Next Steps
Step 1
Get started by selecting your IRA custodian and filling out your information below.
This information will be used to pre-fill your distribution form.
STEP 2
Once you have downloaded and completed the rest of your form, please mail the form with the letter below to your IRA custodian. We recommend mailing this by December 1 to ensure you receive your tax deduction for this year.
STEP 3
Please let us know about your generous gift!
We’d like to thank you and ensure your gift goes to the program or department you desire.