Qualified Charitable Distribution

• A Qualified Charitable Distribution (QCD) is a strategy used to make a gift through your Individual Retirement Account (IRA). If you are over the age of 70 ½, you have the ability to gift up to $105,000 from your IRA to CSMSG directly without incurring any tax liability. You can gift this way even if you are already taking Required Minimum Distributions from your IRA.

• This is a great way to gift funds in an extremely tax-efficient manner.

• Gifts via an IRA QCD allowed assets to grow tax deferred and then be given away tax-free! With the standard deduction much higher than it used to be, a QCD ensures you receive the full benefit of reducing taxes paid over your lifetime!

• Consult your tax accountant or your financial advisor to help you with the logistics to ensure reporting is handled properly.

Appreciated Stock

• If you have stocks or mutual funds in non-retirement accounts that have grown a lot over the years, CSMSG can accept the positions to fulfill your giving! You can donate the stock positions directly to us and claim a tax deduction based on the market value of the gifted stock. This is great for stocks that you may have decided to never sell because you don’t want to pay taxes on the large gain.

• If this is of interest, we can get you our investment account information.

• Be sure to discuss this with your tax account and financial advisor.

Please contact Alexis Azar Posnanski with questions at or 314.721.1502 ext. 4044. Thank you for sharing God’s abundance with CSMSG!

  • please mail to: The Church of St. Michael & St. George, 6345 Wydown Blvd, St. Louis, MO 63105  Attn: Alexis Posnanski