Other Ways to Donate
IRAs and Required Minimum Distributions
If you are required to take a Required Minimum Distribution (RMD) from your traditional IRA, it can be used as a tax advantaged contribution to Thomas Circle Singers.
Now that Congress has made the Qualified Charitable Distribution provision in the tax code permanent, this is a great way to fund your giving to Thomas Circle Singers and not have the RMD count towards your adjusted gross income. If you instruct the investment firm that is your IRA custodian to send your RMD or a portion of it directly to Thomas Circle Singers, then it will not be reflected as part of your income. Please be aware that the distribution cannot be passed through you, but has to be made payable directly to Thomas Circle Singers to avoid having your RMD calculated into your adjusted gross income.
If you are 70 1/2 or older, this may be a good opportunity for you to stay below the threshold for the Medicare high-income surcharge or help make less of your Social Security benefits subject to tax. You should check with your own tax adviser to confirm that this is something that would be appropriate for you.
To request an RMD Distribution form, please contact
Direct Check through Bill Pay
Today, most online banking systems will allow customers to set-up automatic payments to companies and individuals. This is one of the safest ways to 'send' a donation; you don’t need to give your routing number and account number to anyone because your bank initiates the transaction. That means your information is never provided to any third party and therefore isn’t at risk. Additionally, most banks process these bill pay requests without charging customers a fee.
You can make a one-time donation or enable recurring donations by selecting Thomas Circle Singers (TCS) as a recipient (person). This ensures all of your donation goes directly to Thomas Circle Singers. Direct checks (e-checks) or Bill Pay allow TCS to accept your generous donation without incurring the 3-5% transaction or processing fees, as we typically do for PayPal, credit card, or other electronic donations.
To add Thomas Circle Singers to your online banking Bill Pay recipients, you'll likely be asked for--
Name: Thomas Circle Singers
Address Line 1: 1317 G St NW
Phone: (202) 232-3353
TCS is a 501(c)(3) organization. Any donation or financial assistance is 100% tax-deductible.
Contributions may also be mailed to:
Thomas Circle Singers
1317 G St NW
Washington, DC 20005.