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Create a Lasting Legacy
With Your Gift

With gift planning, you can provide long-lasting support for Carolina while enjoying financial benefits for yourself. Meet your personal financial goals while making a difference for the University's future.
Learn About Ways to Give

QCD-Funded Charitable Gift Annuity

You may be looking for a way to help further our mission and enhance your income. If you are 70½ or older, you can make a one-time gift from your IRA to fund a charitable gift annuity and receive fixed payments for life.

Benefits of a QCD-Funded Charitable Gift Annuity

  • Reduce your taxable income with a one-time transfer of up to $54,000 from your IRA to fund a charitable gift annuity
  • Receive lifetime fixed payments for you and, if you choose, for your spouse
  • Potentially reduce your required minimum distribution (RMD) this year
  • Help further the work and mission of The University of North Carolina at Chapel Hill

QCD-funded gift annuity video

How a QCD-funded gift annuity works

  1. Contact the Office of Gift Planning about creating a QCD-funded charitable gift annuity.
  2. Contact your IRA plan administrator to make a one-time qualified charitable distribution (QCD) of up to $54,000 from your IRA to The University of North Carolina at Chapel Hill Foundation, Inc.
  3. We will use your IRA gift to fund your gift annuity payments.
  4. Please note that IRA gifts do not qualify for a charitable deduction.
  5. When payments end, the remaining funds will be used to support an area on campus that is important to you.

Contact us

If you have any questions about QCD-funded charitable gift annuity, please contact us. We would be happy to assist you and answer any questions you might have.