A gift of your retirement assets from your IRA, 401(k), 403(b), pension, or other tax-deferred plan is an excellent way to protect the lands you love across the Inland Northwest.
Ways to GiveContact Carol at ccorbin@inlandnwland.org or 509-328-2939 with questions.
A wonderful way to support Inland Northwest Land Conservancy is to donate all or part of your retirement account’s “required minimum distribution” (RMD) to the Conservancy. Most IRAs call for RMDs when the owner turns 70½. This amount is typically taxed unless it is given to one or more qualified charities. The contribution needn’t be large for INLC to benefit. Truly, any amount is appreciated.
Wes Hanson has donated part of his RMD to the Conservancy for the past two years. Wes explains, “Doing this helps fund the Conservancy’s essential work and reduces my taxable income. Both the Conservancy and I benefit greatly from this donation.”
To contribute in this way, just let your retirement plan account holder know that you want to donate to Inland Northwest Land Conservancy, a nonprofit 501(c)(3) organization incorporated in the State of Washington in 1991 and registered as a nonprofit charitable organization in Washington and Idaho.
Legal Business Name:
Inland Northwest Land Trust
dba Inland NW Land Conservancy
Current Address:
35 West Main Avenue, Suite 210
Spokane, WA 99201
Tax ID No:
91-1510539
Blog Post Feature:
A qualified charitable distribution (QCD) can count toward an IRA owner’s required minimum distribution (RMD) for the year if the owner is at least 70 1/2 years old.
QCDs are tax-free transfers of up to $100,000 from an IRA to a charity, like Inland Northwest Land Conservancy. You can use QCDs to satisfy all or part of your RMD.
Blog Post Feature:
Harnessing the Power of Qualified Charitable Distributions: A Gift for Nature Conservation
It’s always a good idea to consult with a financial advisor or tax professional to ensure that this strategy aligns with your overall financial plan and to understand all potential implications.
As you make your estate plan, consider giving a legacy gift that will help to build community wellness and keep the Inland Northwest the beautiful place that it is today. Learn more about planned giving through Inland Northwest Land Conservancy here.