Qualified Charitable Distributions (QCDs) Donations

Qualified Charitable Distributions (QCDs)

Also Known As IRA Charitable Rollovers

You may be seeking a way to make a difference and help uplift the dignity of those we serve. If you are 70.5 or older, a qualified charitable distribution (QCD) from your IRA will not only help the Brother Benno Foundation and its Guests — it could also provide you with valuable tax savings!

This giving option is a direct contribution made from your traditional or Roth IRA to a charity like The Brother Benno Foundation, and it is an excellent option if you don't typically itemize your charitable deductions.

Here are the steps you'll need to follow

Notify us of your qualified charitable distribution! Your gift from your IRA doesn’t always come with donor information, so please get in touch with Kathleen Diehlmann at kathleen.diehlmann@brotherbenno.org or 760-888-7986 to alert us and provide the following:

Your name
Donation amount
Your financial institution (e.g. Fidelity, Schwab, etc.) that is sending the donation.

Contact your financial institution directly to facilitate the gift from your IRA. Here is some of our information that may be requested to complete your Qualified Charitable Distribution:

Legal name: The Brother Benno Foundation
Legal address: P.O. Box 308 Oceanside, CA 92049
The Brother Benno Foundation's Tax ID#: 33-0051575

Once the gift is received, our team will notify you of receipt and send a tax acknowledgment.

Please consider consulting with your tax, financial, and/or legal advisor before making any decisions or changes, and to understand how a QCD might impact your personal tax situation and align with your philanthropic goals.

Your gift from your IRA doesn’t always come with donor information, so please get in touch with Kathleen Diehlmann at kathleen.diehlmann@brotherbenno.org or call 760-888-7986.