Qualified Charitable Distributions from your IRA

Give tax-free gifts from your IRA that benefit our mission and you.

About Qualified Charitable Distributions

A Qualified Charitable Distribution (QCD) is a tax-efficient way for individuals who are age 70 ½ or older to make gifts directly from their traditional Individual Retirement Account (IRA).

QCDs can help satisfy an individual’s Required Minimum Distribution (RMD) for the year, which is the minimum amount that an individual must withdraw from their IRA each year once they reach age 73.

Benefits

  • Avoid income taxes on appreciated IRA assets.
  • Contribute to your Required Minimum Distribution for the year.
  • Make an immediate impact on our mission.

[SG partners] How it works

  1. Using this form, provide your contact information and donation details, including financial institution and gift amount (up to $100,000).
  2. Download, complete, and submit your forms to your financial institution using the instructions provided.
  3. Once your financial institution receives the forms, the funds are usually transferred to us in about 5-10 business days.
  4. Enjoy the benefit of a tax-free distribution from your IRA, contributing towards your Required Minimum Distribution and potentially reducing tax liability.

You will not receive a charitable income tax deduction for a Qualified Charitable Distribution.

[PGW-only partners] How it works

  1. Instruct your IRA custodian to distribute funds directly to one or more eligible charities.
  2. Enjoy the benefit of a tax-free distribution from your IRA, contributing towards your required minimum distribution for the year.
  3. Potentially reduce tax liability by excluding the distribution amount from taxable income.

You will not receive a charitable income tax deduction for a Qualified Charitable Distribution.