A qualified charitable distribution, or “QCD,” can be an easy and tax-efficient way to make an immediate impact at Duke. Taxpayers who are 70 ½ or older can support Duke people, places, and programs using a tax-free transfer from a traditional IRA.  Benefits of a QCD gift: Ready to learn more? Download Duke’s QCD guide […]

You may have seen articles about donating IRA assets to a charity. For several years, donors 70 ½ or older have been able to make tax-free transfers from an IRA to a qualified charity. This transfer is known as a qualified charitable distribution, or “QCD.” Increase in QCD limit in 2024: Increase in QCD Gift […]

With a qualified charitable distribution, you can transfer assets directly to Duke in an easy, tax-efficient way to fulfill your philanthropic goals. What is a qualified charitable distribution? A qualified charitable distribution (QCD) or charitable IRA rollover allows individuals to transfer up to $100,000 a year directly from an IRA to Duke. You can also […]

Beginning in 2023, the Secure Act 2.0 allows taxpayers 70 ½ or older to establish a charitable gift annuity with a qualified charitable distribution (QCD) from their individual retirement account (IRA). With a charitable gift annuity, a donor makes a gift to a public charity—like Duke—in exchange for  fixed, lifetime payments. While taxpayers have established […]

President Biden recently signed into law the Secure Act 2.0. Among other things, this new law allows taxpayers to establish a charitable gift annuity with a qualified charitable distribution (QCD) from their individual retirement account (IRA), starting in 2023. With a charitable gift annuity, a donor makes a gift to a public charity (like Duke!) […]