Your IRA can provide a tax-smart way to make an impact with New College Foundation now. The Qualified Charitable Distribution or QCD (sometimes called an “IRA Charitable Rollover”) is a great way to make a tax-free gift now to New College Foundation and satisfy your Required Minimum Distribution (RMD), too.

How Do I Qualify?

The Qualified Charitable Distribution (QCD) offers multiple benefits for making gifts from your IRA.

  • You must be 70½ years or older at the time of the gift.
  • Gifts must go directly from your IRA to New College Foundation.
  • For 2025, total QCD gifts cannot exceed $108,000 per donor.

Benefits of Qualified Charitable Distribution

  • If you don’t itemize your income tax deductions, a QCD offers all of the benefits of an itemized income tax charitable deduction
  • If you are age 73 or older and must take a Required Minimum Distribution RMD, a QCD gift can satisfy your RMD without increasing your income taxes.
  • The annual QCD limit (now set at a maximum of $108,000) will be adjusted annually for inflation. These adjustments will begin after 2023.
  • Donors can use a one-time election for up to $54,000 of a QCD to fund a CRUT, CRAT or CGA.
  • You may direct your gift to a program or area of your choice.
  • It is a wonderful way to create an immediate impact on New College Foundation.

How Can I Make an IRA Charitable Rollover?

Contact your IRA administrator to request a Qualified Charitable Distribution from your IRA to NCF.

 

Make a QCD: Give from your IRA Today!

To make a gift now through your IRA, simply type in the name of your brokerage and click the button below to go to your login page.

 

Let us know if you don't see your brokerage.

Information that you may need for the QCD is provided below.

  • Legal name: New College Foundation, Inc.
  • Mailing address: 5800 Bay Shore Road, Sarasota, FL 34243-2109
  • Federal Tax ID number: 59-0911744