A Tax-Smart way to give
Turn your IRA into hope for military families.
If you are 70 1/2 or older, a Qualified Charitable Distribution can be a smart way to give.
Your gift can support military caregivers and their families while helping you meet your charitable goals
Simple
Give directly from your IRA
Tax-Smart
A QCD may count toward your required minimum distribution
Impactful
Provide meaningful support to military caregivers and their families
Your IRA can create a lasting impact.
A gift from your IRA helps hearts of Patriots provide family support, compassionate response, childrens activities, and scholarships for children of combat Veterans
Family Support
Programs and resources that strengthen and empower military caregivers and families
Compassionate Response
Compassionate assistance and support during times of crisis and need.
Childrens Activites
Fun engaging activities that build connections and create lasting memories.
Scholarships
Educational scholarships for children of combat Veterans to invest in their future
How IRA Giving Works
1. Contact
Contact your IRA custodian and request a Qualified Charitable Distribution
2. Direct
Ask that the gift be sent directly to Hearts of Patriots
3. Create Impact
Your generosity strengthens military caregivers and their families
Information for your IRA Custodian
Legal Name: Hearts of Patriots
Tax ID (EIN): 81-3929182
Address: 101 Denison Ave, Elyria, Ohio 44065
Designation: Where Needed Most, Family Support, Compassionare Response, Childrens Activities or Scholarships.
Please ask your custodian to include your name and address so we can properly thank you.
Questions?
We are here to help with your giving experience.
- 440-477-4704
- denise@heartsofpatriots.org
- heartsofpatriots.org
IRA Giving Questions
What is a Qualified Charitable Distribution?
A Qualified Charitable Distribution, or QCD, is a gift made directly from your IRA to an eligible nonprofit like Hearts of Patriots. A QCD can be a tax-smart way to support military caregivers and Veteran families while potentially reducing your taxable income.
Who is eligible to make a QCD?
Individuals age 70½ or older can make a Qualified Charitable Distribution from an eligible IRA. The gift must be sent directly from your IRA administrator to Hearts of Patriots to qualify. We recommend speaking with your financial or tax advisor to determine whether a QCD is right for you.
Can a QCD count toward my required minimum distribution?
Yes. If you are required to take a Required Minimum Distribution (RMD), a Qualified Charitable Distribution can generally count toward all or part of that requirement, as long as the gift meets IRS requirements. Keep in mind that the age for making a QCD and the age when RMDs begin are not necessarily the same.
How will Hearts of Patriots know the gift came from me?
IRA administrators do not always include the donor’s name or contact information with a distribution. After requesting your gift, please let Hearts of Patriots know it is on the way so we can properly acknowledge your generosity and thank you for supporting military caregivers and Veteran families.
