For those 70 ½ or older, each year you can instruct your IRA custodian to make a Qualified Charitable Distribution (QCD) to an eligible charity such as Beaufort History Museum and avoid paying the tax had you taken the distribution as income. If you have any questions about the tax implications of whether this option is right for you, we recommend consulting a tax professional, your financial advisor, or both.
Here are the basic steps involved.
Beaufort History Museum
P.O. Box 172
Beaufort, SC 29901
NOTE TO PROSPECTIVE DONORS
Donations are not the same as nor does it entitle the donor to a Museum Membership subscription. To Join the Musuem, you must complete the application located at the following link: Click here to Join. To Renew your subscription, Click here to log in to your profile and Renew an existing membership subscription.