If you’re 70-1/2 or older, you can donate up to $108,000 per tax year directly from an Individual Retirement Account (IRA) 

QCDs count toward your required minimum distribution for the year. If you have to take your required minimum distribution but you don’t want or need the funds, QCDs are a good way to distribute the amount out of the IRA. As an added benefit, you’ll avoid paying income tax on your gross income up to $108,000.

To make a gift through a QCD:

• Your IRA administrator must make the distribution directly to the charity, or you may write a check to the charity from your IRA checkbook. Funds that are withdrawn by you and then contributed do not qualify.
• Help us credit your gift and thank you by having your IRA administrator include your full name and mailing address on the gift. Also, have your administrator note that the transfer is an IRA Qualified Charitable Distribution. 

Please Note: Henrico CASA does not provide tax or investment advice. Donors are encouraged to consult their tax preparer or financial advisor to determine the giving strategies most appropriate for their individual circumstances. 

Planned gifts are increasingly important to the life and long-term security of Henrico CASA. The funds generated from these gifts, large and small, maintain Henrico CASA’s steadfast commitment to both children and Henrico County’s court system. 

There are several ways that you can define a gift through your will or trust:

• Outline a gift of a particular amount of money or a specific item or items (such as shares of a stock).
• Define a gift that will be made from the remainder of your estate once all other bequests, debts, and taxes have been paid. For example, you give a percentage of the remainder of your estate to ensure that your family will be taken care of before your estate makes a bequest to Henrico CASA.
• Specify Henrico CASA’s use of your bequest as unrestricted (for general purposes) or as an endowment bequest (funds invested with our endowment).

In order to avoid any possible question that your bequest is to our organization, be sure to include our full legal name and our federal tax identification number in your bequest.

Legal name: Henrico County Court Appointed Special Advocates Inc.

Tax identification number: 54-1710746

In addition to adding bequest language to your will, here are a few other simple ways for you to make a bequest:

• Make Henrico CASA a designated beneficiary of a life insurance policy, savings bond, IRA, or other retirement plan.
• Instruct your bank or brokerage firm to “pay on death” to Henrico CASA some or all of a specific account.

Please let us know if you have included Henrico CASA in your estate plans. We would welcome the opportunity to thank you for your thoughtful gift and to confirm that we can carry out your wishes.

Please Note: Henrico CASA does not provide tax or investment advice. Donors are encouraged to consult their tax preparer or financial advisor to determine the giving strategies most appropriate for their individual circumstances.