If you are 70 years of age or older, you can have the custodian of your IRA set up a non-taxable Qualified Charitable Distribution (QCD) directly from your IRA to San José Public Library Foundation in a manner that helps satisfy your yearly Required Minimum Distribution (RMD) requirement.
Note that this transfer is not tax-deductible but may reduce your overall tax requirement more than a direct contribution by nature of the reduction of your overall gross income. Simply instruct your IRA administrator to make the check payable to San José Public Library Foundation (EIN# 77-0142379) and mail it to: SJPLF, P.O. Box 611540, San Jose, CA 95161-1540.
Please notify us that the distribution is being made and include the name of IRA Administrator. This will help ensure that the donation is credited properly.