qualified charitable distributions from an ira
When you make a gift to the ATJ Campaign, 100% of your donation for statewide current operations will be distributed to support civil legal aid to low-income families throughout Michigan. Your gift changes lives.
Qualified Charitable Distributions from an IRA
Due to the tax benefits and the ease of making a QCD, it is a wonderful way to make annual contributions to the ATJ Campaign.
If you are 70 ½ or older, you can donate up to $100,000 in a calendar year directly from an Individual Retirement Account (IRA) to the Access to Justice Campaign.
Commonly known as a Qualified Charitable Distribution (QCD) or as an IRA charitable rollover, your contribution may count toward your required minimum distribution (RMD).
How to make a QCD
- Contact your IRA administrator and ask them to make the check payable to the Access to Justice Campaign, 306 Townsend Street, Lansing, Michigan. Please have them identify you as the donor with name and address.
- Let our office know about the pending gift with the amount and the company issuing the check to credit your gift. Please email atjfund@msbf.org.
- For a QCD to count toward your minimum annual IRA distribution, it must be made by the same deadline as a normal distribution, which is usually Dec. 31 of the tax year in question.
Benefits of making a QCD
- A QCD may count toward your required minimum distribution for the year. If you have to take a minimum distribution and do not want or need the funds, a QCD is a good way to distribute that amount to a charity.
Please consult your tax advisor to explore how a qualified charitable distribution to the ATJ Campaign can fit into your financial strategy.
Contributions to the ATJ Fund are received and administered by the Michigan State Bar Foundation according to the Access to Justice Fund guidelines. Please contact atjfund@msbf.org or (517) 346-6400 with any questions.