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Qualified Charitable Distributions

Qualified Charitable Distributions (QCDs), also known as IRA Charitable Rollovers, are a savvy way for individuals 70 ½ or older to reduce their taxable income while maximizing their charitable impact. A QCD is generally a non-taxable distribution made directly by the trustee of your IRA (other than a SEP or SIMPLE IRA) to a qualified charitable organization, such as the Quad Cities Golf Classic Charitable Foundation (d/b/a John Deere Classic & Birdies for Charity). You can make up to $100,000 in these charitable distributions annually, lowering your taxable income, with some exceptions. If you are 72 or older, your QCD to the Bonus Fund and/or other participating charities can satisfy all or part of your required minimum distribution (RMD) from your IRA. It’s important to consider your unique tax situation when considering a charitable contribution from your IRA and to understand your specific exceptions. Please consult your advisor regarding your unique situation. 

To learn more about QCDs, eligibility and RMDs, please visit IRS.gov 

Please note: Qualified Charitable Distributions are not eligible for JDC/Platinum Tee Club benefits per IRS regulations. 

To get started, complete the notification form below so we have all your information. Once completed, you will be emailed a copy that you can then provide to your IRA custodian. 

For donations to the Bonus Fund, please list Bird #1041. If giving to multiple charities, please list Charity Name, Bird #, and amount designated to each.

Total donations of $1,500 & above are eligible for the Partner Program. The Partner Program is for those generous people (donations of $1,500 and above) who don't necessarily want to be in the contest, but still want to support their favorite charities, and the tournament. If you would like to participate in the Partner Program and accept On-Course recognition, please enter the exact name as it should be listed below. Otherwise, skip ahead.