A Qualified Charitable Gift from your Individual Retirement Account Packs a Real Punch


As you prepare to close the books on 2019, are you thinking about how you can get the most out of the Required Minimum Distribution from your Individual Retirement Account? 

You can make a Qualified Charitable Donation (QCD) and enjoy tax advantages even if you don’t itemize your taxes. And if you choose to make a QCD by December 31st, your gift could be matched dollar-for-dollar up to $10,000, thanks to a special dollar-for-dollar match offered by a generous donor from Long Beach. (Thanks so much!!!)

This year, gifts to the Annual Fund from wonderful supporters like you played a key role in keeping camp affordable and welcoming:

  • Youth campers enjoyed top-notch leadership training and summer camps without the burden of absorbing the costs.
  • Scholarships helped dozens of youth and family campers to attend summer retreats who couldn’t otherwise afford to register.
  • Another trail in camp was made wider, smoother, and safer for people with limited mobility.
  • Cabin 6 got a makeover with new flooring and furnishings.
  • The camp kitchen got new freezers and LED lighting…and much more.

You can help fund next year’s youth camp programs, scholarships, and improvements with a year-end gift from your IRA and maximize your investment when you give by December 31st!

Here’s what you need to know:

  • The IRS allows donors 70½ or older to transfer up to $100,000 directly from their IRA to charity each calendar year.
  • A QCD can be used to meet all or part of your yearly IRA required minimum distribution.
  • You pay no income tax on amounts you donate using a QCD.
  • The transfer generates neither taxable income nor a tax deduction, so you can benefit even if you do not itemize deductions on your tax return.

If you’re interested in learning more, please contact Janet James at (909) 435-6298 or by email at director@uucamp.org.

If you’re ready to make a contribution, contact your IRA plan administrator to make a gift from your IRA, and specify that you want to make an IRA Qualified Charitable Distribution.

Camp de Benneville Pines’ information is as follows:

DE BENNEVILLE PINES, INC | Tax ID 95-2413254 | 41750 Jenks Lake Rd W Angelus Oaks, CA 92305 | ATTN: Share the Vision | Contact: Janet James | (909) 435-6298.

If your IRA custodian has given you a special checkbook to write QCD checks yourself, in order to count toward your 2019 required minimum distribution, your check must clear your IRA account no later than December 31, 2019 so be sure to mail this type of check as early in December as you can.

Please contact us if the funds will be sent directly by your IRA plan administrator. Advance notice to ensure that your gift is properly credited.

As with any gift that may have tax implications, check with your tax and/or financial advisor.

Thank you so much for supporting our shared home in the mountains!

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