Qualified Charitable Distribution (QCD)

• A QCD is a direct transfer of funds from your IRA custodian to a qualified charity, like Catholic High School. It lets you:

  • Satisfy your Required Minimum Distribution (RMD) without increasing taxable income, if you are 73 years or older.

  • Give up to $100,000 per year directly from your IRA tax-free

  • Support the mission of Catholic High School without dipping into your cash reserves

• Avoid paying income tax on the distribution

• Reduce your adjusted gross income, which may lower Medicare premiums and taxes on Social Security benefits

• Make a meaningful gift to scholarships, academics, or campus ministries at Catholic High

• Easy and convenient — just instruct your IRA custodian to send the gift directly to Catholic High School

Your QCD can provide scholarships and resources that help form faith-filled Crusaders ready to lead with courage and compassion. Every dollar gifted helps:

• Expand scholarship access for deserving students

• Enhance academic and extracurricular programs

• Strengthen campus ministry and spiritual formation

1. Contact your IRA custodian and request a Qualified Charitable Distribution made payable to Catholic High School.

2. Notify Catholic High’s Advancement Office of your gift so we can properly acknowledge it.

3. Enjoy the satisfaction of giving with tax benefits and impact.

Frequently Asked Questions (FAQ) About Qualified Charitable Distributions (QCDs)

Q: Who is eligible to make a QCD?
A: Donors must be age 70½ or older and have a traditional IRA. Roth IRAs are generally not eligible for QCDs.

Q: How much can I give through a QCD?
A: You can give up to $100,000 per year directly from your IRA to one or more qualified charities.

Q: Does the QCD count toward my Required Minimum Distribution (RMD)?
A: Yes, the amount of your QCD counts toward satisfying your RMD for the year.

Q: Is the QCD taxable income?
A: No, QCDs are excluded from your taxable income, which can lower your overall tax liability.

Q: Can I receive any goods or services in return for a QCD gift?
A: No, to qualify as a QCD, the gift must be a true charitable contribution without receiving goods or services in exchange.

Q: How do I make a QCD gift to Catholic High School?
A: Contact your IRA custodian and request that they transfer funds directly to Catholic High School. Please notify our Advancement Office so we can acknowledge your gift.