IRA Gifts
If you are at least 70 ½ years old, you may be eligible to make a tax-wise gift directly from your Individual Retirement Account (IRA) to the YMCA of Metropolitan Denver. This type of gift, known as a Qualified Charitable Distribution (QCD) or IRA Charitable Rollover, allows you to support the Y’s mission while potentially lowering your taxable income.
Benefits of an IRA Gift:
- Reduce your taxable income – Your gift counts toward your required minimum distribution (RMD) but isn’t recognized as taxable income.
- Satisfy your RMD – If you must take a distribution, this is a meaningful way to fulfill that requirement.
- Enjoy simplicity – Ask your IRA administrator to send a direct transfer to the Y—no need to write a check or adjust your will.
How to Make an IRA Gift
- Provide the following information to your IRA administrator:
Organization Name: YMCA of Metropolitan Denver
Mailing Address: 2625 S. Colorado Blvd., Denver, CO 80222
Tax ID: 84-0402696
Please note: The YMCA of Metropolitan Denver cannot provide legal or tax advice. We encourage you to consult your professional advisor to learn how a charitable gift may fit into your personal financial plans.