If you are over the age of 70.5, you must take a required minimum distribution from your IRA. Normally, this distribution is taxed as ordinary income. However, federal legislation enacted on October 3, 2008 extends the opportunity for you to make a direct distribution from your IRA to a qualified charity, such as (PARISH NAME), (SCHOOL NAME), the Bishop’s Annual Appeal or the Catholic Foundation of South Georgia. Such distributions, while not subject to income tax, will still count toward fulfilling your required minimum distribution.