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Give from your IRA

A qualified charitable distribution (QCD) lets donors 70½ and older make an immediate impact – tax-free.

An older man and woman lean against each other as they take in the view.

A Qualified Charitable Distribution (QCD) lets you make a gift directly from your IRA to the Medical University of South Carolina Foundation. If you qualify, the gift can be made tax-free and may count toward your required minimum distribution (RMD).

Plus, you’ll get to experience seeing the impact of your gift during your lifetime.

Benefits of giving through your IRA

Potential Tax Savings

A QCD can provide tax benefits, even if you don’t itemize your deductions.

Satisfy Your RMD

If you’re 73 or older, a QCD can satisfy your RMD without increasing your income taxes.

Choose Your Impact

Direct your gift to the MUSC program or area that matters most to you.

Next steps for making an IRA charitable contribution

1. Check your eligibility. You must be at least 70½ when the gift is made.

2. Contact your IRA administrator and request a QCD directly to the MUSC Foundation.

3. Provide MUSC’s information: Medical University of South Carolina Foundation, 18 Bee Street, MSC 450, Charleston, SC 29425, federal tax identification number 57-6028985.

4. Let us know about your gift so we can acknowledge your generosity and connect your gift with the area you wish to support.