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Maximize Your Giving Impact and Make Health Happen with a Qualified Charitable Distribution (QCD) when faced with the requirements to take the required minimum distribution (RMD).
If you're 70½ years of age or older, did you know you can make a powerful gift to Healthy Acadia directly from your IRA, and potentially reduce your taxable federal income at the same time? A subsequent law moved the minimum age to 73 or so. Your tax advisor can help but many stock fund managers also provide assistance calculating the required minimum amount. Your investments have had often many years to gain value. Each year your life expectancy is used to calculate the RMD for the following year.
A Qualified Charitable Distribution (QCD) allows you to transfer up to $108,000 each year (adjusted for inflation) directly from your traditional IRA, or similar investment vehicles, to a qualified nonprofit like ours tax-free. These gifts count toward your required minimum distribution (RMD) and are not included in your adjusted gross income. This offers an effective way to make a difference in the lives of community members served by Healthy Acadia, while also potentially lowering your federal income tax burden.
Benefits of Giving a QCD:
Tax Efficiency: QCDs are excluded from your taxable federal income.
Maximize Impact: 100% of your donation goes directly to support our mission—no federal or state taxes are taken out.
Simple Process: Most financial institutions can facilitate a QCD on your behalf with just a phone call, a form or online.
How Your Gift Helps:
Partnering with us through a generous QCD donation allows us to continue to build the healthy and vibrant communities you want for yourself, your family, neighbors and future generations. No matter the size of the donation, your generosity promises to make a positive impact.
Ready to Give?
To initiate a QCD, contact your financial professional and provide them with our legal name, mailing address, and tax ID number:
Healthy Acadia (full legal name)
P.O. Box 1710, Ellsworth, Maine 04605
Tax ID Number: 27-0548057
If you or your advisor has questions, we’re here to help. Contact Shoshona Smith at (207) 667-7171 or at shoshona@healthyacadia.org. Thank you for considering this impactful way to support Healthy Acadia. Your thoughtful giving helps us continue our work and reach even more people who need it most.