Support Central Park Artist
Did you know you can support Central Park Artists (Denver) through your IRA?
It’s a tax smart way to give back to your community.
Residents 70 ½ and older can support local nonprofits––like Central Park Artists (Denver)–using a special type of tax-free donation from their IRA. It’s called a Qualified Charitable Distribution, or QCD, and it’s one of the most powerful charitable giving tools available.
If you are 73 or older and required to take Required Minimum Distributions (RMDs) from your IRA each year, a QCD can also help meet that requirement while reducing your taxable income.
This is a wonderful way for local supporters to strengthen the arts in our community while also benefiting from meaningful tax advantages.
How to Make a QCD
Making a QCD is easy:
1. Contact your IRA custodian (Fidelity, Schwab, Vanguard, Edward Jones, etc.)
2. Ask the to issue a Qualified Charitable Distribution to:
Central Park Artists (Denver)
2373 Central Park Blvd., Suite 100, Denver, CO 80238
EIN: 30-0959922
3. The custodian sends the check directly to the nonprofit.
This process keeps the donation tax-free and ensures it qualifies as a QCD.