Qualified Charitable Distribution
Qualified Charitable Distributions (QCD) can be a tax-smart way to make your charitable gifts while helping the Leaders and the families we serve thrive.
A Smart Way to Give—While Reducing Your Taxable Income.
Qualified Charitable Distributions (QCDs) are a tax-savvy way to support CrossPurpose’s mission to abolish poverty. If you are age 70½ or older, a QCD may be an effective way to support CrossPurpose while potentially receiving important tax benefits—and helping the Leaders and families we serve thrive.
What Is a QCD?
A QCD is a distribution made directly from your Traditional IRA to a qualified charity like CrossPurpose. These gifts can count toward your Required Minimum Distribution (RMD)—without being counted as taxable income.
Age Limit Requirements (2025)
70½
The IRA owner or beneficiary must be age 70½ or older at the time of the distribution.
$111,000
The annual limit for QCDs is $111,000 per individual ($222,000 total for married couples filing jointly if both have IRAs).
Timing
The distribution must be made by December 31, 2026, to count as a QCD for the 2026 tax year. The distribution must generally be made directly from the IRA trustee to an eligible charitable organization.
IRA owners and beneficiaries should allow sufficient time for their IRA custodian or trustee to properly administer the distribution by December 31.
Key Advantages
Tax-Free Giving: QCDs are excluded from your taxable income—even if you don’t itemize deductions.
Offset RMDs: If you’re 73 or older in 2025 and subject to RMDs, a QCD can satisfy part or all of your requirement.
Split-interest entity limit: Up to $55,000 of the total QCD can be used for a one-time direct election to a charitable remainder trust or charitable gift annuity.
Lower Income Impact: By reducing your taxable income, a QCD may also help lower your Medicare premiums and reduce the portion of your Social Security subject to taxation.
Immediate Impact
Put your charitable dollars to work right away and help create meaningful change for the Leaders and families we serve.
As always, we recommend consulting your financial advisor or tax professional to determine if this strategy is a good fit for your financial goals.
For more information or to notify us of your generous gift, please contact:
Nancy Slyter
Senior Philanthropy Advisor
ns*****@**********se.org
303-587-6270