Loire Valley Study Abroad is a Christian community of learning that educates and holistically disciples students through Biblical instruction, faculty mentorship, classroom interaction, and studying abroad in Europe. Together we pursue personal holiness and set our sights on what is biblical, authentic and relevant.

The Qualified Charitable Distribution (QCD) is an excellent way to show your support for LVSA and receive tax benefits in return. As you plan your required minimum distributions (RMD), consider using your IRA account to make the most of your charitable giving. You receive a tax benefit even if you take the standard deduction!

It’s important to consider your tax situation before deciding whether to make a charitable contribution from your IRA. Be sure to share this gift plan with your financial advisor.

Please mail QCD checks to: LVSA 15605 NE 44th St. Vancouver, WA 98682 USA

Please note: We need your name and address to accompany the check in order to correctly credit and acknowledge your gift.

To qualify

  • You must be 70½ or older at the time of gift.

  • Distributions must be made directly from a traditional IRA account by your IRA administrator to Two Talent Ministries.

  • Gifts must be outright, meaning they go directly to the Two Talent Ministries. Distributions to donor-advised funds do not qualify.

  • Gifts from 401(k), 403(b), "ongoing" SEP or SIMPLE IRAs, and other plans do not qualify. Ask your financial advisor if it would make sense for you to create a traditional IRA account so you can benefit from an IRA Qualified Charitable Distribution.

Tax Benefits

  • IRA Qualified Charitable Distributions are excluded as gross income for federal income tax purposes on your IRS Form 1040.

  • The gift counts toward your required minimum distribution for the year in which you made the gift.

  • You could avoid a higher tax bracket that might otherwise result from adding an RMD to your income.

Example

John is 73 years old and wants to make a gift to Two Talent Ministries. He has $500,000 in his IRA and wants to gift $20,000. He can authorize the administrator of his IRA to distribute $20,000. Because the IRA Qualified Charitable Distribution is excluded from income, John will not be eligible for a charitable income tax deduction — but he still receives tax savings. The $20,000 distributed to will be counted toward his annual minimum required distribution and he will not pay income tax on the portion given to the organization.

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