![]() Provide instructions in writing to transfer the amount you wish directly to the IRC,Īttention: Kharga Gurung, Sr.If you have not yet taken your required minimum distribution for the year, your IRA charitable rollover gift can satisfy all or part of that requirement.The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions. Your gift will be put to use today, allowing you to see the difference your donation is making.This law no longer has an expiration date so you are free to make annual gifts to our organization this year and well into the future. This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a qualified charitable distribution, or QCD for short. If you are 70½ years old or older, you can give up to $100,000 from your Individual Retirement Account (IRA) directly to a qualified organization such as the International Rescue Committee (IRC) without having to pay income taxes on the money. IRA charitable giving: a tax-saving way to help the IRC
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