GIFT FROM YOUR IRA

A qualified charitable distribution (QCD) is a distribution of funds from your IRA directly to a qualified charitable organization. If you do not need all of your Required Minimum Distribution, and are 70 1/2 or older, you can request a QCD to benefit a charity and avoid the taxable income.

Your QCD gift can be applied to funds at the Community Foundation, used on our annual nonprofit Giving campaigns, or we can pass your donations on to the qualified charities of your choice. You can also use a QCD to establish a fund at the Foundation (except Donor Advised Funds).

Qualified QCD Gifts

Establishing a Fund

You can open a scholarship, field of interest, or designated fund to help achieve your charitable goals. Note: QCDs cannot be used to establish Donor Advised Funds.

Legacy Funds

Our competitive grant program open to nonprofits in Chelan, Douglas, and Okanogan counties, is funded by Legacy Funds that have been established by community members to support their specific community. Those Legacy Funds provide vital core/unrestricted grant funding for our region's nonprofits.

Programs and Services

We manage over 150 scholarships and over 70 funds for nonprofits that you can use your QCD to support. We also have an unrestricted fund, Partners in Giving, that we use to boost scholarship awards, increase grant award allotments, and other charitable activities that benefit the region.

Give Campaigns

The Community Foundation hosts two online giving campaigns each year - Give Methow in October and Give NCW in December. QCDs can be used to make donations to participating nonprofits.

To Make a Gift from Your IRA

  • Contact your financial advisor or IRA custodian to make the request.
  • The check will be made out to the "Community Foundation of NCW" along with your purpose or instructions for distribution.
  • If you are using a QCD for Give Methow or Give NCW, the amount is loaded on a Giving Card that you can use to donate at your own leisure throughout the campaign.

For questions or more information, contact Denise Sorom at denise@cfncw.org or (509) 663-7716.

 

YOUR GIFT AT WORK

Cruz.Xitlali

Xitlali Cruz

SCHOLARSHIP RECIPIENT

I am currently pursuing a degree in Mechanical Engineering with a minor in Computer Science at Stanford. Since the beginning of my freshman year I have been involved with clubs such as Stanford’s Space Initiative (SSI) and the Society of Latinx Engineers (SOLE). In SSI I built a rocket and launched it.

ThomasSmith

Aero Methow Rescue Service

GRANT RECIPIENT

Due to being rural, remote, and geographically isolated, we must be prepared to do more than respond to emergencies. We have become a healthcare partner who fills gaps in service. The grant allowed our board the time and ability to work with a Strategic Planner to modify our plan to address those gaps.

2019RIGOutreach-RosieYardSigns-Crop

Chelan Douglas Volunteer Attorney Services

GRANT RECIPIENT

The grant provided funds to hire a Housing Justice and Outreach Coordinator to visit rural and underserved areas. Rosie’s bilingual and bicultural skills and experience have increased equity of service. Rosie is building partnerships with local organizations through events such as the Columbia Valley Community Health’s Back to School Drive, as well as posting yard signs.

Tenoch Mandujano

Tenoch Mandujano

Scholarship Recipient

My father was a migrant agricultural worker who eventually started his own cherry and apple orchard. He told me if I wanted to live a better life, I had to get an education. I plan on starting a career with the Chelan PUD with a passion for renewable energy and in turn give back to my parents and community for supporting my dreams.

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ASSETS UNDER MANAGEMENT

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GRANTS & SCHOLARSHIPS AWARDED

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CHARITABLE FUNDS

FOUNDATION FACTS

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