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Smart giving from your IRA

A Tax-Savvy Way to Give and Support

You can make a meaningful impact today and save on taxes by supporting Boys & Girls Clubs of Topeka through your IRA. This giving option offers a tax-efficient way to support local youth while meeting your financial goals.


A Special Opportunity for Donors Aged 70½ and Older
If you’re 70½ years or older, you can donate up to $105,000 this year directly from your IRA to a qualified charity like Boys & Girls Clubs of Topeka without paying income taxes on the transfer. This type of contribution, known as a Qualified Charitable Distribution (QCD), allows you to reduce your taxable income while making an immediate difference for the kids and teens we serve. Whether you donate a smaller amount or the maximum $105,000, you can feel confident that your gift will have a direct and lasting impact.


For Those 59½ Years Old or Older

If you are 59½ or older, you have the option to take a distribution from your IRA and then make a charitable gift to Boys & Girls Clubs of Topeka—without incurring any penalties. By itemizing your deductions, you can also claim a charitable deduction for the amount of your gift, allowing you to support our mission while benefiting from tax savings.


At Any Age

Regardless of your age, you can designate Boys & Girls Clubs of Topeka as the beneficiary of your IRA, whether for the entire balance or a percentage of it. Upon your passing, your IRA assets will transfer to the Club tax-free, providing vital support for local youth programs. All you need to do is request a change-of-beneficiary form from your IRA administrator or download the form from their website to make this impactful gift.


Why Consider This Gift?

  • Your donation will be used right away to help fund programs and services that benefit local youth, allowing you to see the positive effects of your generosity.

  • If you’re required to take minimum distributions from your IRA, a QCD can satisfy all or part of that obligation.

  • You avoid paying income taxes on the transferred amount, which can benefit you even if you don’t itemize your tax deductions.

  • Since the gift isn’t counted as taxable income, it may help reduce your overall income level, which could lower your Medicare premiums and decrease the portion of your Social Security that’s subject to tax.

Tip: It’s important to let us know about your plans so we can ensure your intentions are honored. Some IRA administrators do not notify charities of beneficiary designations, so by informing us, we can ensure your generous gift goes exactly where you intend. Plus, we would love the opportunity to thank you for your kindness and support.

Contact Us

Our planned giving team would be happy to speak with you to help you achieve your legacy and planned giving goals.

Next Steps

  1. Contact Shelley Robertson at spmg@bcgtopeka.org or call (785)600-1863 for information on making this gift

  2. Seeks the advice of your financial and/or legal advisor.

  3. If you include Boys & Girls Clubs of Topeka in your plans, please use our legal name and federal tax ID below:

Legal name:

Boys & Girls Clubs of Topeka

Address: 

550 SE 27th St., Topeka, KS 66605

Federal Tax ID #: 

48-0636732

Smart giving from your IRA
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