Making an IRA RMD Gift to the Bhutan Foundation
If you are age 70½ or older, you can make a Qualified Charitable Distribution (QCD) directly from your IRA to the Bhutan Foundation. This allows you to satisfy your Required Minimum Distribution (RMD) while supporting Bhutan’s culture, environment, and development.
Benefits:
• Tax Advantage: QCDs are excluded from taxable income.
• Counts Toward RMD: Your gift fulfills part or all of your annual RMD.
• Impact: Your generosity directly supports Bhutan’s holistic development and legacy.
Instructions:
1. Contact your IRA custodian (Fidelity, Vanguard, Schwab, etc.) and request a Qualified Charitable Distribution.
2. Provide your custodian with the following information:
- Legal Name: The Bhutan Foundation
- EIN (Tax ID): 13-3376290
- Address: 1050 Connecticut Ave NW #66013, Washington, DC 20036
3. Ensure the check or transfer is made payable directly to The Bhutan Foundation.
The Bhutan Foundation will send you a confirmation letter upon receipt.