IRA Qualified Charitable Distribution

What Is an IRA Charitable Rollover (QCD)?

If you are age 70½ or older, you can give money directly from your IRA to the library through a Qualified Charitable Distribution (QCD).

A QCD:

• Can count toward all or part of your Required Minimum Distribution (RMD).
• Does not count as taxable income (unlike a regular IRA withdrawal).
• Is a simple, tax-friendly way to support the library.

Important: To get the tax benefit, your IRA custodian must send the gift straight to the library.

Benefits at a Glance

• Save on taxes: QCDs are not added to your income, which may lower your taxes.
• Make a difference your way: Support books, programs, or the library’s biggest needs.
• Easy to do: Your IRA custodian can send a check or transfer funds directly.

How to Make an IRA Gift

Ask your IRA custodian to send your gift directly to:

Legal Name: Jefferson County Library District
Tax ID (EIN): 91-1087494
Mailing Address: 620 Cedar Avenue, Port Hadlock, WA 98339
Contact: Annie Scott, District Library Director – ascott@jclibrary.info | 360-385-6544

Sample Instruction to Your Custodian

“Please issue a Qualified Charitable Distribution from my IRA in the amount of $[amount] payable to Jefferson County Library District, EIN [EIN], and mail to 620 Cedar Avenue, Port Hadlock, WA 98339. This gift is meant to be a QCD for the tax year _____.”

Timing

• Your custodian must send and deliver the QCD by December 31 for it to count for this tax year.
• Processing can take time—start early.

Future Support Through Your IRA

You can also name the Jefferson County Library District (EIN) as a beneficiary of your IRA (full or part). This may lower the taxes your heirs pay on retirement savings.

We’re Here to Help
Questions? Contact Annie Scott, District Library Director, at ascott@jclibrary.info or 360-385-6544.

Please Note: This information is for learning purposes only. Please check with your tax advisor for guidance on your own situation.