Tag: Qualified Charitable Distributions (QCD)

Everyone learns and adjusts during this COVID-19 pandemic because every day is different, requiring us to live, work and play in ways we hadn’t before. This new world also includes new tax incentives for charitable giving included in the recently enacted Coronavirus Aid, Relief, and Economic Security Act, or CARES Act. What does this mean […]

People in the Fox Valley have no shortage of options for their philanthropic dollars. Many of our donors at the Community Foundation use their donor advised funds to support favorite charities across the country, including alma maters, organizations in the communities where they’ve lived in the past or have a second home, or charities in […]

The SECURE Act, which stands for Setting Every Community Up for Retirement Enhancement, took effect Jan. 1, 2020, and changes rules governing retirement plans, including provisions relevant to making charitable gifts from an Individual Retirement Accounts (IRA). Under the SECURE Act, a Qualified Charitable Distribution (QCD) remains a terrific way to make a tax-free gift […]