Give Through Your IRA

A Qualified Charitable Distribution (QCD) from your IRA is one of the most powerful and most tax-efficient ways to support the Theodore Roosevelt Presidential Library, available to donors age 70½ and older.

Why an IRA Gift to TRPLF?

If you're 70½ or older, a QCD lets you transfer up to $111,000 directly from your IRA to TRPLF without counting the distribution as taxable income.

  • Reduce your taxable income. A QCD is excluded from your adjusted gross income, even if you don't itemize deductions.
  • Satisfy your Required Minimum Distribution (RMD). Once you reach RMD age, your QCD counts toward the amount you must withdraw each year.
  • Bypass deduction limits. QCDs are not subject to the percentage-of-income limits that apply to other charitable gifts.

How It Works

  1. Contact your IRA custodian. Instruct them to make a direct transfer from your IRA to the Theodore Roosevelt Presidential Library Foundation. Most custodians provide a simple form or letter to request this. You can download a sample letter to send your custodian.
  2. Funds transfer directly to TRPLF. The distribution must go directly from your IRA custodian to TRPLF to qualify as a QCD. If the funds pass through you first, the tax benefits are lost.
  3. We acknowledge your gift. TRPLF sends written acknowledgment confirming the QCD, which you'll want for your tax records.

Information for Your IRA Custodian

When initiating your QCD, your custodian will need:

  • Legal name: Theodore Roosevelt Presidential Library Foundation
  • Tax ID (EIN): 47-1324043
  • Mailing address: 401 East Main Ave #201, Bismarck ND 58501-4076
  • Designation: Direct your gift where it's needed most, or specify a particular fund.

Questions?

Our Development team is glad to walk you through the details, including how a A Qualified Charitable Distribution (QCD) from your IRA might fit into a broader giving plan with the Library. Please contact giving@trlibrary.com.