The IRA gift (QCD)
Your IRA can provide a tax-smart way to make an impact with Ascension Wisconsin Foundation almost immediately. The Qualified Charitable Distribution (QCD), sometimes called an IRA charitable rollover, is a great way to make a tax-free gift to Ascension Wisconsin Foundation and satisfy your required minimum distribution (RMD).
Qualifications
The QCD has the following requirements:
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You must be 70.5 years or older at the time of the gift
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Gifts must go directly from your IRA to Ascension Wisconsin Foundation
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For 2025, total QCD gifts cannot exceed $108,000 per donor
Benefits
The QCD is accompanied by numerous benefits including:​
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If you don't itemize your income tax deductions, a QCD offers all of the benefits of an itemized income tax charitable deduction
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If you are age 73 or older and must take an RMD, a QCD gift can satisfy this without increasing your income taxes
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You may direct your gift to any Ascension Wisconsin site, service line and/or community program that you are most passionate about
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You will have an immediate impact on patients across Ascension Wisconsin