In This Section

Qualified Charitable Distributions FAQ

A QCD is a direct transfer of funds from an individual retirement account (IRA) to a qualified charitable organization without incurring income tax on the distribution.

Individuals who are 70½ years or older and have traditional IRAs are eligible to make a QCD.

Yes, the maximum annual amount that can be donated through a QCD is $100,000 per individual.

No, QCDs are not subject to income tax as long as they meet the IRS requirements.

No, QCDs can only be made from traditional IRAs. Roth IRAs are not eligible for QCDs.

Yes, a QCD can be used to satisfy your annual RMD requirement. It allows you to meet the distribution requirement while also making a tax-free charitable contribution.

Yes, donors can choose to distribute their funds to multiple qualified charitable organizations using QCDs, as long as the total amount does not exceed the annual limit of $100,000.

No, QCDs can only be made to qualified charitable organizations that meet the IRS criteria. These typically include 501(c)(3) organizations, religious institutions, educational organizations, and other qualified entities.  The Honor Society of Phi Kappa Phi is eligible to received QCD donations.

First, consult with your financial advisor or tax professional to ensure the process aligns with your individual financial goals and circumstances. To make a QCD, you should contact your IRA custodian or financial institution and provide them with the necessary instructions. They will guide you through the process and assist you in completing the transaction.

No, since the distribution is tax-free, you cannot claim a charitable deduction for the amount donated through a QCD.

While QCDs offer tax advantages, it's essential to consult with a financial advisor or tax professional to understand how this strategy aligns with your specific financial situation and goals. They can provide personalized guidance based on your circumstances.

You can mail your QCD check to:

The Honor Society of Phi Kappa Phi

7576 Goodwood Boulevard
Baton Rouge, Louisiana 70806


This list of FAQs is for informational purposes only, and it's always advisable to seek advice from a professional advisor for specific questions related to your individual financial and tax situations.

To make a charitable donation through a QCD, please consult with your financial advisor or tax professional to ensure the process aligns with your individual financial goals and circumstances.

For additional information concerning QCD donations, please contact Chief Financial Officer, Brad Jewell at 225-763-2684 or bjewell@phikappaphi.org.