Use Your RMD to Support the Next Generation at Camp Ondessonk
If you’re age 73 or older, you know the IRS requires you to take annual withdrawals, called Required Minimum Distributions (RMDs), from your retirement accounts. These withdrawals increase taxable income, and for many people, that means paying more in taxes.
But did you know you can turn your RMD into a tax-wise gift that directly benefits Camp Ondessonk?
Through a Qualified Charitable Distribution (QCD), you can transfer up to $100,000 each year (indexed for inflation) directly from your IRA to Camp Ondessonk. This counts toward your RMD but doesn’t count as taxable income.
Here’s why many Camp Friends choose this option:
- Lower your taxable income – Your gift reduces the amount of income reported on your tax return.
- Satisfy your RMD – Your gift counts toward the amount you’re required to withdraw.
- Give without itemizing – Even if you take the standard deduction, you can still benefit.
- Support what you love most at Camp – Whether it’s unrestricted support, scholarships, caring for the horses, or supporting program needs, your gift helps preserve the Ondessonk experience.
Making a QCD is easy:
- Contact your IRA administrator.
- Ask them to send the distribution directly to Camp Ondessonk.
- Let us know so we can thank you and ensure your gift is directed to the programs most meaningful to you.
Click here to learn about more Ways to Give to Camp Ondessonk.
