If you are 70 ½ or older, you can make direct transfers to Groton Hill Music from an Individual Retirement account (IRA) without incurring income tax. This is commonly called a Qualified Charitable Distribution (QCD).
If you are 73 or older, you can use a QCD to satisfy all or part of your annual IRA Required Minimum Distribution (RMD).
Why consider QCD?
How to Donate:
Information for your IRA administrator:
Legal name Groton Hill Music, Inc.
Mailing address 122 Old Ayer Rd, Groton, MA 01450
Federal Tax ID # 04-2867945
Groton Hill Music, Inc. is a 501(c)(3) charitable organization
Please note: Groton Hill Music does not render any legal, accounting, tax, or other professional advice. Before making any decision or taking any action, you should consult your own legal, accounting, tax, or other professional advisor.
Questions about the process? Contact Catherine Coleman, Director of Development at 978.486.9524 x 201 | ccoleman@grotonhill.org