Qualified charitable distributions (QCDs): tax-free gifts today from individual retirement accounts

If you are at least 70½ years old, you are eligible to make a qualified charitable distribution (QCD) from a traditional or Roth IRA. Distributions to the University will be excluded from federal income in the year of the gift. The maximum is $100,000 per person.

You may contribute your QCD gift to the University to benefit any school, hospital, or program.

The transfer counts toward your required minimum distribution (RMD).

Instructions to Make a Tax-Free Gift from an IRA