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Using an IRA Distribution to Make a Gift to Charity

Using an IRA Distribution to Make a Gift to Charity

Bonnie Sloan and her late husband Ed have been involved with Buyamba for many years, sponsoring children and supporting the effort to educate and disciple orphaned and needy students at God Cares School in Uganda. Bonnie has been volunteering with Buyamba for almost 10 years. She had the blessing of visiting the school and meeting her sponsored child in 2013.

When Bonnie found out that she could take advantage of numerous tax benefits by making a Qualifying Charitable Distribution directly from her traditional IRA, she was on it. (A QCD excludes the amount donated from gross taxable income.) Following the rules, she made a donation with the check coming directly from her IRA trustee to her favorite charity, Buyamba.

Bonnie says, "Giving to Buyamba is a blessing because I believe in what God Cares School is doing. I have been there and seen it all with my own eyes. I know that the ministry does what it says it does and the money I give really does go to help these children."


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