Donate Stocks/Securities

Individuals who must make annual required minimum distributions (RMDs) from traditional IRA accounts, can make qualified charitable distributions (QCDs). These withdrawals may be given directly to a qualifying charity such as HOPE Network Ministries (up to $100,000 annually) to minimize taxes. The QCD is not a taxable distribution and as such there is no charitable tax deduction. As always, see your tax professional for more specifics.

If you are interested in making a charitable donation to HOPE Network Ministries from your traditional IRA account, you can accomplish this by contacting your IRA account holder. If you have any questions, please feel free to contact Greg Anderson at greg@hopenetworkministries.org.

 

X