Updated Feb. 23, 2022
Alabama Arise members are generous, caring and resourceful people. That’s why I want to highlight a powerful giving opportunity for members who are at least 70½ years of age and drawing income from a tax-deferred savings account such as a traditional IRA, 401(k), 403(k), 403(b) or Thrift Savings Plan.
Whether you itemize or take the standard deduction, up to $100,000 of your required minimum distribution (RMD) can be tax-free when you give to a 501(c)(3) nonprofit organization like Arise through a qualified charitable distribution (QCD).
The check should be payable to Alabama Arise. You can ask your account custodian to mail it directly to us. Or if you prefer, you can have the check sent to you and then mail it yourself. Our address is Alabama Arise, P.O. Box 1188, Montgomery, AL 36101.
To ensure the tax benefit, apply for the QCD before you take your full RMD for the year. You’ll need our Employer Identification Number (EIN), which is 63-1186365.
We’re grateful for your support of our advocacy for better public policies. Together, we’re making life better for families across Alabama.