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\n\n\n\nParkway Playhouse<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\nPO Box 1432<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\nBurnsville, NC 28714-1432<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/blockquote>\n\n\n\n\u00a0<\/div>\n2. Notify us that the distribution is being made so we may ensure that your donation is credited properly. You may notify us by mail at the above address or by email at\u00a0info@parkwayplayhouse.com<\/a>.\u00a0 In this communication, please include:<\/div>\n\n\n
- the donor\u2019s name,<\/li>\n
- mailing address,<\/li>\n
- name of IRA administrator, and<\/li>\n
- amount contributed.<\/li>\n<\/ul>\n<\/div>\n
Please contact us at\u00a0info@parkwayplayhouse.com<\/a>\u00a0or 828-682-4285 if you have questions or would like additional information about making a QCD to Parkway Playhouse.\u00a0 See the Qualified Charitable Distributions section of IRS publication 590B or contact your Tax Advisor for additional information about QCDs.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"
Giving via a Qualified Charitable Distribution (QCD) \u00a0 Some supporters of Parkway Playhouse may be able to take advantage of the opportunity to make a Qualified Charitable Distribution (QCD).\u00a0 \u00a0A […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"
Giving via a Qualified Charitable Distribution (QCD)<\/b><\/span><\/div>\u00a0<\/div>Some supporters of Parkway Playhouse may be able to take advantage of the opportunity to make a Qualified Charitable Distribution (QCD).\u00a0 \u00a0A QCD is a nontaxable distribution made directly by the administrator of an IRA to a qualified public charity such as Parkway Playhouse.<\/div>\u00a0<\/div>Benefits of QCD include:<\/div>
- The gift comes from your IRA, using pre-tax dollars.<\/li>
- The gift amount is excluded from your taxable income.<\/li>
- The gift amount can be applied towards this year's required minimum distribution (RMD) requirements.<\/li><\/ul><\/div>
Basic requirements and limitations for a QCD include:<\/div>
- The donor must be at least 70\u00bd years of age at the time of the distribution.<\/li>
- The distribution must be from an IRA.<\/li>
- The distribution must be made directly from the IRA administrator to a qualifying charity such as Parkway Playhouse.<\/li>
- Qualified Charitable Distributions are limited to $100,000 per individual per year (so a spouse who qualifies may give a similar amount from his or her IRA).<\/li><\/ul><\/div>
To make a Qualified Charitable Distribution to Parkway Playhouse:<\/div>\u00a0<\/div>1. Instruct your IRA administrator to make the check payable to \u201cParkway Playhouse of Burnsville, Inc\u201d (EIN 56-0858217) and send the check to:<\/div><\/div><\/div><\/div>Parkway Playhouse<\/div><\/div><\/div><\/div>PO Box 1432<\/div><\/div><\/div><\/div>Burnsville, NC 28714-1432<\/div><\/div><\/div><\/div><\/blockquote>\u00a0<\/div>2. Notify us that the distribution is being made so we may ensure that your donation is credited properly. You may notify us by mail at the above address or by email at\u00a0info@parkwayplayhouse.com<\/a>.\u00a0 In this communication, please include:<\/div>
- the donor\u2019s name,<\/li>
- mailing address,<\/li>
- name of IRA administrator, and<\/li>
- amount contributed.<\/li><\/ul><\/div>