Your qualified charitable distribution gift from your IRA can reduce taxes and multiply your impact.

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 Individual Retirement Account (IRA).  

QCDs can count towards satisfying 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.

Please note: The funds must move directly from your IRA custodian, such Vanguard or Fidelity, e.g. If you withdraw the money first and then donate it, it will be taxed as regular income.