If you are age 70½ or older, you may be able to support Flagler Humane Society directly from your IRA through an IRS Qualified Charitable Distribution (QCD).
A QCD allows you to transfer funds directly from your IRA to Flagler Humane Society, an eligible nonprofit. This may count toward your Required Minimum Distribution (RMD) and can help reduce your taxable income.
Benefits of giving through a QCD may include:
Satisfying your RMD requirement
Potentially lowering your taxable income
Supporting homeless pets in a meaningful way
To learn more or start the process, please contact your financial advisor or IRA administrator.
Have questions? We’re happy to help and can provide the information your attorney or advisor may need.
Flagler Humane Society does not provide financial or legal advice. Please consult your attorney or tax advisor.