PLANNED GIVING

Want to make a difference in the future of Balinese performing arts in New York? 
Making a planned gift to Gamelan Dharma Swara is one of the simplest ways to ensure the future of our group’s work and our artists.
Planned gifts can be made in a number of ways, one of which is-

QUALIFIED CHARITABLE DISTRIBUTION (QCD)
PLEASE CONSIDER A GIFT TO Gamelan Dharma Swara FROM YOUR IRA

Donors who are 70 1/2 or older and have a traditional IRA are eligible to make tax-free contributions to Gamelan Dharma Swara from their IRAs, known as Qualified Charitable Distributions (QCD).  

One of the key benefits of the direct charitable contribution from your IRA is that the donation counts towards your annual Required Minimum Distribution or RMD (the IRS-determined minimum amount you must withdraw from your account each year). You can contribute more than your RMD to charity as long as you do not exceed $100,000 in a calendar year.

The portion of your RMD that you donate is tax exempt. It also lowers the gross amount of the Required Minimum Distribution on which you are taxed. 

For more information, please email info@dharmaswara.org

DISCLAIMER: The information provided is not intended to be legal or tax advice. Potential donors should consult legal counsel and tax professionals.