Qualified Charitable Distributions

Qualified Charitable Distributions from Your IRA or Retirement Plan

One way to support Jefferson Land Trust’s mission is through a Qualified Charitable Distribution from your IRA.

Once you reach age 72, you generally must withdraw a minimum amount each year from your traditional IRAs and employer-sponsored retirement plans. This is called a Required Minimum Distribution (RMD). The money you’re required to withdraw gets added to your taxable income, which may push you into a higher tax bracket. Failure to take your RMD by year-end could result in a stiff IRS penalty — 50% of the amount you should have withdrawn. 

But there’s good news! A Qualified Charitable Distribution (QCD) made payable directly from your IRA to Jefferson Land Trust — a 501(c)(3) nonprofit — can be counted toward satisfying your RMD for the year and can be excluded from your taxable income. 

Next Steps for Making a Qualified Charitable Distribution

  • Consult with your financial and/or tax advisor 
  • Contact your IRA administrator and discuss how you can make an IRA qualified charitable distribution payable to Jefferson Land Trust  
  • Complete and mail a letter to your IRA administrator using the following template

Letter Template:

[insert IRA Administrator Name]
[insert Address]
[insert City, State, and Zip Code] 

Re: Request for charitable distribution from [insert Donor’s First and Last Name’s] individual retirement account 

To Whom It May Concern: 

Please make a qualified charitable distribution of $ [insert Dollar Amount] from my IRA account number [insert Account Number] made payable to “Jefferson Land Trust” (Tax ID: 91-1465078) to satisfy part or all of my required minimum distribution. 

The check should be mailed to:

Jefferson Land Trust
Attn: Development

1033 Lawrence Street
Port Townsend, WA 98368

It is my intention to have this transfer qualify for the [insert Tax Year for Distribution] tax year. Please list my name and address as the donor for the transfer, and please send me a copy of the correspondence with Jefferson Land Trust.

Please contact Kate Godman at 360.379.9501 x102 if you need any additional information from Jefferson Land Trust. If you have any questions for me, please contact me at [insert Phone Number]. 


[Donor Signature] 

[insert Name of Donor]
[insert donor Phone Number and Email]
[insert donor Address]
[insert donor City, State, and Zip Code]