Qualified Charitable Distributions

If you are age 70½ or older, you may be eligible to make a Qualified Charitable Distribution (QCD) directly from your IRA to support Bishop Carroll. A QCD can be a tax-efficient way to make a charitable gift and may also count toward your annual Required Minimum Distribution (RMD), if applicable.

Because specific requirements apply, please contact Nathan Hampton ’08 in the Advancement Office before initiating your gift to ensure it is properly received and designated.

We encourage you to consult with your financial or tax advisor to determine whether a Qualified Charitable Distribution is appropriate for your individual circumstances.