Making a QCD can benefit IRA holders who are required to take Required Minimum Distributions (RMDs) from their retirement accounts each year.
Another way to support the work of FoodBank Lakeside is with a Qualified Charitable Distribution or QCD. This is a tax-advantaged donation made from a person’s Individual Retirement Account (IRA) directly to a qualifying 501(c)(3) charitable organization, such as Foundation for Lake Chapala Charities. Donations made to the Foundation for Lake Chapala Charities can be designated to FoodBank Lakeside.
Check with your financial advisor or tax professional to learn how QCDs can support your financial and charitable giving goals.
