The IRA Gift (QCD)

The IRA Gift (QCD)

Here is a tax-smart way to make an impact to Arcadia University using your traditional or Roth IRA. The IRA charitable rollover (also called the Qualified Charitable Distribution, or QCD) is a great way to make a tax-free gift to Arcadia University and satisfy your Required Minimum Distribution (RMD). If you are not required to take an RMD but no longer itemize your deductions, then a QCD may be right for you as well.

How Do I Qualify?

The IRA charitable rollover (QCD) offers multiple benefits for making gifts from your traditional or Roth IRA.

  • You must be 70 ½ years or older at the time of the gift.
  • Gifts must go directly from your IRA to Arcadia University.
  • Gifts must come from a traditional IRA or Roth IRA account.
  • Gifts cannot exceed $100,000 per donor per year.

Benefits of an IRA Charitable Rollover Gift

  • If you don’t itemize deductions and are not yet required to take your RMD, a QCD offers all of the benefits of an itemized income tax charitable deduction
  • If you are age 72 or older and must take your RMD, a QCD can satisfy your RMD without increasing your income taxes.
  • You may direct your gift to a program or area of your choice. 
  • It is a wonderful way to create an immediate impact on Arcadia University.

How can I make an IRA Charitable Rollover?

Contact your IRA administrator for their QCD distribution form and information on the procedure to make such a gift.

 

Contact University Advancement

Office of University Advancement

2550 Church Road
215-572-2945
215-881-8783 (fax)
fundforarcadia@arcadia.edu
 

Alumni Engagement

Blankley Alumni House
215-572-2566
215-881-8776 (fax)
alumni@arcadia.edu

Mailing Address

Division of University Advancement
450 S. Easton Road
Glenside, PA 19038-3295 

Staff Directory