Give Through Your IRA
IRA Giving Options
Give Through Your IRA
Naming LEAP as a beneficiary of your IRA or other retirement accounts can benefit your heirs and LEAP. Retirement accounts that have grown tax-free over time are generally the most desirable assets for charitable giving, as they are taxable to heirs when inherited.
Once you reach age 70½, you can donate up to $111,000 of your required minimum distribution (RMD) annually directly to LEAP through a Qualified Charitable Distribution (QCD), reducing your adjusted gross income for tax and Medicare payment calculations.
To make a QCD to LEAP, instruct your IRA administrator to send a distribution directly to:
LEAP, Inc.
31 Jefferson Street
New Haven, CT 06511
Tax ID: 22-2906547
For questions, contact Rachel Kline Brown at rklinebrown@leapforkids.org.
