Don’t need your IRA retirement savings
as much as you once thought?
Learn more about how a qualified charitable distribution (QCD) can benefit you.
If you are 70½ or older and have an IRA, you are already qualified!
How a Qualified Charitable Distribution (QCD) Works
*If you are 73 years old or older, your QCD can count towards your required minimum distribution (RMD)!
Did You Know?
You can also support our mission for years to come. Simply name Dallas Seminary Foundation as a beneficiary of your IRA account, and the remaining assets (or a portion of the account) will be distributed to support students at Dallas Theological Seminary.
Information for Beneficiary Designation
Legal name: Dallas Theological Seminary
Address: 3909 Swiss Avenue, Dallas, TX 75204-6411
Federal Tax ID number: 75-2188543
Discover the Benefits of a Qualified Charitable Distribution (QCD)
Reduce your taxable income
When you take funds from your IRA, they count as taxable income. But if you transfer them directly to charity, you reduce your taxable income while satisfying your RMD.
Fullfill your required minimum distribution (RMD)
After you turn 73, you must distribute funds from your IRA. If you do not distribute the required minimum, you may be penalized, but a QCD allows a transfer up to $100,000 per individual or $200,000 per couple to satisfy your RMD.
Help transform lives in Jesus' name
When you make a qualified charitable distribution to Dallas Seminary Foundation, you help educate the next generation of ministry leaders, transform lives, and advance the gospel of Jesus Christ through our graduates.
“Giving directly from our IRAs is a wonderful way to support the mission and work of Dallas Theological Seminary. Not only is it convenient, but the withdrawal is excluded from our taxable income, so it saves us money in taxes. It just makes a lot of sense.” — Walt and Anne Waldie
Find Out if a Qualified Charitable Distribution is Right For You
|I was born before .||Yes||No|
|I have a qualified IRA.||Yes||No|
|I want to support Dallas Theological Seminary.||Yes||No|
You’re qualified to make this type of gift!
It looks like there are still some requirements that need to be met!
Take Your Next Steps
1. Get started by selecting your IRA custodian and filling out your information below.
This information will be used to pre-fill your distribution form.
We’d like to thank you and ensure your gift goes to the program or department you desire.
The content found on this site is general in nature and intended to be used for informational purposes only. It should not be relied upon as legal, tax, accounting or other professional advice. To determine how a gift or estate planning decision might affect your particular circumstances, you should consult an attorney, financial advisor or other qualified professional.