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If you are over 70 ½ and must make a Required Minimum Distribution (RMD) from your IRA, you may want to consider making your gift to The Prep this year through a Qualified Charitable Distribution (QCD) instead of paying the federal tax that would otherwise be due. Here is one example - alumnus Jeff Gausepohl '60 has been using his Required Minimum Distribution (RMD) for his IRA for several years now to help strengthen The Prep and minimize his federal taxes.
Click here for another another example of an alumnus supporting The Prep through his IRA's Required Minimum Distribution (RMD).
For more information about a Qualified Charitable Distribution from your IRA to satisfy your Required Minimum Distribution (RMD), please contact Matthew Cannizzo, Director of Institutional Advancement at firstname.lastname@example.org or at (973) 736-6861.
120 Northfield Ave, West Orange, NJ 07052 | Main Phone: 973.325.PREP 
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