QUALIFIED CHARITABLE DISTRIBUTIONS

If you are age 70½ or older, a QCD may help you give more effectively.

Make a Lasting Impact with a Qualified Charitable Distribution (QCD)

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 help you give more effectively—while 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 and limit requirements (2025)

• The IRA owner or beneficiary must be age 70½ or older at the time of the distribution.
• The annual limit for QCDs is $108,000 per individual, indexed for inflation in 2025.

Timing

• The QCD must be processed by December 31 of the applicable tax year to be considered for that year.
• 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.
• 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:

Your gift is put to use right away, allowing you to see the change you’re helping create.

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
nslyter@crosspurpose.org
303-587-6270