Qualified Charitable Distributions

If you are at least 70.5 years old, have IRA funds you want to donate to charity, and want to maximize your tax benefits, a donation to Brother Wolf Animal Rescue in the form of an IRA qualified charitable distribution could be the perfect way for you to support homeless animals.

Donors can lower their taxable income by donating some or all ($100 to $100,000/year) of their funds from their IRA to a nonprofit organization like Brother Wolf. As long as you are at least 70.5 years old and have a traditional or Roth IRA, you are eligible to make a gift from that fund to support a public charity. This way of giving can be a great benefit to those who don’t normally itemize their charitable deductions.

If you are 73-years-old, or older, and have a required minimum distribution from your IRA, you can decrease the amount you take for yourself as taxable income by deferring all, or a portion of, your required minimum distribution funds to a charity instead.

Let your IRA administrator know that you’d like to make a charitable contribution and direct them to send the funds directly to Brother Wolf Animal Rescue on your behalf. If you take the distribution for yourself and then write a check to Brother Wolf using those funds, you could negate beneficial tax advantages for yourself.

Below is helpful information you may need in this transaction. As always, we recommend that you consult your tax or financial professional for advice.

Legal name: Brother Wolf Animal Rescue
Federal tax identification number: 20-8787719
Secure mailing address: PO Box 8195 Asheville, NC 28814
Physical address: 31 Glendale Ave Asheville, NC 28803

You can also create a lasting legacy by naming Brother Wolf Animal Rescue as the beneficiary of your IRA account.

When you make a gift to Brother Wolf through a qualified charitable distribution, we often do not receive any information that identifies you as the donor. To ensure that you receive a proper acknowledgement for your gift, please let us know that you’ve initiated a gift of this type by emailing us at donate@bwar.org or calling 828-505-3440 x105 and letting us know the financial institution that will be issuing the check and the contribution amount. Thank you!