Please provide the following legal information to your IRA custodian to facilitate your contribution.
By Check
Please make your check payable to The Korea Society, Inc. and mail it to:
350 Madison Avenue, 24th Floor
New York, NY 10017
ACH / Wire Transfer
For direct transfers from your financial institution, please contact us and we will be happy to provide our banking information.
To comply with IRS requirements for Qualified Charitable Distributions:
No Goods or Services
A QCD must be a 100% charitable contribution. No goods or services—including Gala tickets, meals, admission, or other benefits—may be provided in exchange for the contribution.
Gala Contributions
If your QCD is intended to support The Korea Society’s Annual Gala, the contribution will be recorded as a pure charitable donation rather than a ticket or sponsorship purchase so that no goods or services are provided in return.
Acknowledgment
Once the contribution is received, The Korea Society will provide a written acknowledgment confirming the amount of the contribution and that no goods or services were provided in exchange.
To help us identify and properly acknowledge your QCD, please contact us when initiating the transfer.
Please consult your IRA custodian, tax advisor, or financial advisor regarding your individual eligibility for a Qualified Charitable Distribution and its tax treatment.
Connect with a fascinating and involved membership that shares a deep interest in Korean business, politics, art, and culture. Your membership, at whatever level you chose to join at, provides the vital support for our many programs, and ensures the Society’s continued growth as the premiere organization dedicated to celebrating Korea’s rich culture and strengthening the ties between Americans and Koreans.