If you are 70 ½ or older, you can use your IRA to receive tax relief on giving to charities such as the Center for Victims of Torture. You can do so with a qualified charitable distribution (QCD) from your IRA.
The funds are directly transferred from your IRA to the Center for Victims of Torture are put to use right away. A QCD generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions.
Direct your plan administrator to make your gift to:
The Center for Victims of Torture 2356 University Ave W., Ste 430 St. Paul, MN 55114 Federal Tax ID: 36-3383933
Direct your plan administrator to transfer your stock to our account at:
UBS Financial ServicesJack Samuels, Client Service Associate681 East Lake StreetWayzata, MN 55391952-475-9467[email protected]Center for Victims of Torture Account Number: RP 25650DTC Number: 0221
Learn more about donating stock.
Thank you for your support! If you’ve already given a QCD gift to us and haven’t yet received your acknowledgment letter, please contact us so that we can verify your gift and provide you with your letter.
The information found on this page is intended for informational purposes only. We recommend consulting with a trusted financial advisor before making decisions involving your estate.