The IRA charitable gift (QCD)

A tax smart way to support Ascension Wisconsin Foundation

An IRA charitable gift is a simple, tax efficient way to support Ascension Wisconsin Foundation while potentially reducing your taxable income. Depending on your age and financial situation, you may be able to give during your lifetime using a Qualified Charitable Distribution (QCD).

This is an ideal option for donors who want to make an immediate impact through their retirement assets.

Why donors choose IRA gifts

May provide tax advantages for eligible donors
Can reduce taxable income through Qualified Charitable Distribution (QCDs)
Simple way to support patients and families from retirement assets
Flexible way to give during your lifetime

Ways to give from your IRA

Qualified Charitable Distribution (QCD)

If you are age 70 ½ or older, you may be able to transfer funds directly from your IRA to Ascension Wisconsin Foundation. A QCD may count toward your Required Minimum Distribution (RMD) and is generally from taxable income (subject to IRS rules).

This allows you to make a meaningful gift while potentially lowering your adjusted gross income.

Is this right for you?

This option may be a good fit if you:

Are age 70 ½ or older and taking required distributions
Want to reduce taxable income through charitable giving
Prefer to give directly from retirement assets
Are looking for a simple, flexible way to support charity during your lifetime

How it works

Contact your IRA custodian or financial institution
Request a Qualified Charitable Distribution (QCD) transfer
Name Ascension Wisconsin Foundation as the recipient
Work with your financial advisor to ensure it aligns with your tax and retirement strategy

Not sure where your IRA fits?

If you are looking to include the Foundation as a beneficiary of your IRA after your lifetime, visit our Naming Us in Your Assets page for more information on beneficiary designations.

Next steps

Review your IRA strategy. Consider how charitable giving fits into your retirement income plan.
Connect with your advisor. Your financial or tax professional can help determine eligibility and tax impact.
Contact your IRA provider. Request a Qualified Charitable Distribution form or transfer instructions.
Let us know. If you have made or are considering a gift from your IRA to Ascension Wisconsin Foundation, we would be honored to hear from you. This is not legally binding and does not require financial details, it simply allows us to thank you, and if you choose, welcome you into our Legacy Society.