Support Tuacahn with a Qualified Charitable Distribution from your IRA
Make a Tax-Free gift and Satisfy your required minimum distribution while helping create moments of connection on and off the Tuacahn stage
Give Today With A Qulified Charistable Distribution From Your IRA!
Download and complete our QCD gift initiation form. Send the completed form by mail or fax to your IRA trustee, who will complete your distribution to Tuacahn Center for the Arts.
Tuacahn Tax Info
Tuacahn EIN: 87-0487695
Full Name: Tuacahn Center For The Arts
Address: 1100 Tuacahn Drive, Ivins, Utah 84738
What Is A Qualified Charitable Distribution?
A qualified charitable distribution (QCD) is a distribution of funds from your IRA directly to a qualified charitable organization, such as Tuacahn Center for the Arts. Because the gift goes directly to the charity without passing through your hands, the dollar amount of the gift may be excluded from your taxable income up to a maximum of $108,000 annually, with some exceptions. Please consult your tax advisor for information regarding your specific exceptions.
Who can make a qualified charitable distribution?
QCDs can be made by IRA owners who are age 70 1/2 or older. QCDs made prior to the age you are required to take a minimum distribution from your retirement assets (pre-Required Minimum Distribution QCDs) will not reduce or otherwise impact future Required Minimum Distribution. Your tax advisor can provide additional information on your particular situation.
Many individuals who are required to take money from their IRA but do not need it for living expenses have chosen to make QCDs from their IRAs to support Tuacahn Center for the Arts. This may make sense for you too!
How do I make a qualified charitable distribution to Tuacahn Center For The Arts?
Your QCD must be made directly from your IRA custodian to Tuacahn Center for the Arts on your behalf. Each financial institution has its own process for initiating a qualified charitable distribution.
Download and complete our rollover gift initiation form. Send the completed form by mail or fax to your IRA trustee, who will complete your distribution to Tuacahn Center for the Arts
QCD FAQs
If you’re 70½ or older, you may qualify for a tax-free qualified charitable distribution (QCD) to Tuacahn Center for the Arts — up to $108,000 — while satisfying your required minimum distribution.
If you are over age 70½, you may give a gift from your IRA as a tax-free distribution to a qualified charity. This means an amount up to $108,000 annually transferred from your IRA directly to a charity like Tuacahn Center for the Arts can count toward your required minimum distribution without being considered taxable income.
The distribution, also known as an IRA Charitable Rollover, is authorized by Section 408(d)(8) of the Internal Revenue Code.
You can send your IRA donation to the address below
Tuacahn Center for the Arts
Attn: Development
1100 Tuacahn Drive Ivins, Utah 84738