QCDs or IRA Distributions

Giving a special gift to preserve wildlife habitat or to support our programs that help connect children and families to nature may be easier than you think!

Interested in learning what others are doing to meet their charitable goals, minimize taxes and help with their own needs and plans? Learn about some smart planned giving techniques at an educational session in early 2023 with experts on financial and estate planning. Open for people of all ages with legacies of all sizes, this free session can help you plan meaningful gifts for land conservation and all you care about.

If you have an Individual Retirement Account (IRA), you can make direct distributions from your IRA account to Genesee Land Trust of any amount up to $100,000 each year of your required minimum distribution as a Qualified Charitable Distribution (QCD).*

While not tax deductible, the distribution would lower your annual gross income while having positive impacts. Therefore, you can avoid taxes on what would otherwise be a fully taxable distribution! A Qualified Charitable Distribution (QCD) may make even more sense now under the new tax law. This is because many charitable donations may not be able to be taken as a deduction now due to the doubling of the standard deduction (depending on if you can itemize deductions with your tax situation).

In fact, giving directly from your IRA by designating Genesee Land Trust as a beneficiary can be one of the easiest and smartest ways to give generously to one of your favorite causes. Many of our donors are using IRA giving to gift both during life with QCD from IRAs through selecting Genesee Land Trust as a beneficiary of the account. 

It’s easy—just contact your financial professional and direct your IRA account manager to make a QCD to Genesee Land Trust. If you have any questions, or want to let us know a distribution is coming from you, please email Whitney Brice, Director of Development, at wbrice@geneseelandtrust.org or 585-450-3939.

*Due to the SECURE Act and the CARES Act waiver the different regulations and timing impacting required minimum distributions and QCDs are complicated. We recommend consulting your account manager to keep track of how the rules effect you.

Information about Genesee Land Trust often requested by IRA Account Managers:

Legal Name: Genesee Land Trust, Inc.
Tax ID# or EIN: 22-3033712
Address: 46 Prince Street, Suite LL005, Rochester, NY 14607
Contact: Whitney Brice, Director of Development
Phone: 585-450-3939