
The Ultimate Win-Win: What An IRA Does for You and Your Donor
A Qualified Charitable Distribution (QCD) is a powerful tool that allows IRA owners to donate directly to qualified charities, bypassing the usual tax implications of IRA distributions.
Whether you call them giving circles, giving societies, or giving groups, these groups of consistent donors are committed to your organization. They show their commitment through giving, volunteering, and being ambassadors in your community.
Kudos to your organization for bringing this group together as a way to continually steward them. This stewardship goes a long way to further their commitment and giving to move your mission forward.
This group is one the of the key demographics to approach for a planned gift. Their combination of consistent giving and higher-level commitment makes this group likely to want to ensure that your mission moves forward no matter what.
A few ways to engage this group in the planned giving journey:
The more you engage this group, the better off you will be! It is already in their DNA to give your organization. By scheduling regular time for them to meet, communicating with them specifically, and having the planned giving conversation with key leaders, you can set the stage for the planned giving conversation. And those conversations move your mission forward!
michael@lifelegacy.io
A Qualified Charitable Distribution (QCD) is a powerful tool that allows IRA owners to donate directly to qualified charities, bypassing the usual tax implications of IRA distributions.
Encouraging donors to give from their IRA is a creative way for a donor to give with impact and save on taxes. The impact is the same whether a donor gives from their bank account or their IRA. A QCD gift is a win-win!
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