Make a Tax-Wise Gift
Give From Your IRA
If you're age 70½ or older, you can make a big impact at Beacon Charitable Pharmacy, without paying income tax on the gift.
By making an IRA Charitable Transfer, also known as a Qualified Charitable Distribution (QCD), you can donate up to $100,000 each year directly from your IRA to Beacon. This gift can count toward your required minimum distribution and may lower your taxable income.
It’s a smart way to support our mission of providing essential medications to those in need, while also benefiting your financial goals.
We’re here to help make the process easy and meaningful. Reach out with any questions, and let’s work together to improve health outcomes in our community.
Our team is here to assist you with any questions and ensure your transfer is processed smoothly. Simple click the button below to reach out:
Why Give Through Your IRA?
-
If you’re 70½ or older, you can transfer up to $100,000 per year directly from your IRA, other than a SEP or SIMPLE IRA, to a qualified charity.
-
This gift counts toward your Required Minimum Distribution (RMD) but is not taxable income.
-
It’s a simple, tax-efficient way to make a big difference.
To learn more, review Publication 590-B, Distributions from Individual Retirement Arrangements, for more information.
Questions?
Do you have any questions about how to best support Beacon Charitable Pharmacy?
Please contact our Executive Director, Dr. LaTrice Snodgrass, by calling 330.445.1086 or using our contact form below.