Consider supporting Food Bank of Alaska through an IRA charitable rollover, also known as a Qualified Charitable Distribution (QCD). This tax-smart giving option lets you transfer funds directly from your IRA to a charity without incurring income taxes.

Why Give Through Your IRA?

• Immediate Impact: Your gift provides immediate support for Food Bank of Alaska’s mission, allowing you to see the difference your donation makes today.
• Meet Your RMD: Once you reach age 70½, your QCD can help satisfy part or all of your required minimum distribution (RMD)—fully at age 73.
• Tax-Free Transfer: Since the transfer is excluded from taxable income, it won’t affect your tax bracket or trigger deductions, which can benefit you even if you don’t itemize.
• Income and Medicare Benefits: A QCD can reduce your taxable income, which may help lower Medicare premiums and reduce the taxable portion of Social Security benefits.

Next Steps

1. Connect with Your IRA Provider: Let them know you’d like to make a QCD to Food Bank of Alaska.
2. Let’s Talk: Contact Daniel Bentle at 907-222-3112 or dbentle@foodbankofalaska.org to discuss giving options.
3. Seek Professional Advice: Consult your financial or legal advisor to determine if a QCD aligns with your financial goals.

If you’re including Food Bank of Alaska in your plans, please use the following:

• Legal name: Food Bank of Alaska, Inc.
• Address: 2192 Viking Dr, Anchorage, AK 99501
• Federal tax ID number: 92-0073175