IRA Gifts

Make a Qualified Charitable Distribution from Your IRA

elderly couple in kitchen, woman holding a tablet device

A qualified charitable distribution from an IRA is a good way for IRA owners age 70½ and older to support our work. It’s easy to do!

Instruct your IRA custodian to make a distribution directly to our organization.
Although there is no tax deduction, the distribution is excluded from your income for federal tax purposes—no tax is due!
Up to $105,000 of your gift (annual aggregate limit for 2024) qualifies for this favorable tax treatment.
Your gift makes an immediate impact.
A qualified charitable distribution from an IRA counts toward a donor’s RMD if one is due.

A New QCD Option to Consider

IRA owners age 70½ or older may also choose to make a one-time, tax-free IRA distribution of up to $53,000 (in 2024) to create a new charitable gift annuity (CGA) or a charitable remainder trust (CRT). This distribution counts toward your RMD if one is due. This is an option worth considering if you want to make a gift from your IRA and establish a new income stream.

Note that spouses may contribute up to $53,000 each (in 2024) from their individual IRAs into a single CRT or a joint-life CGA. Payments may only go to you and/or your spouse.

Please contact us to learn more about planning and completing a qualified charitable distribution.

Back to Planned Giving

Discuss your planned giving options with a team member from your area.