IRA Charitable Rollover (Qualified Charitable Distribution)
An IRA Charitable Rollover, also known as a Qualified Charitable Distribution (QCD), is a tax-wise way for individuals age 70½ or older to support Mustard Seed Communities directly from their Individual Retirement Accounts (IRAs). This type of gift allows you to make a meaningful contribution while potentially reducing your taxable income.
Eligibility and Guidelines
- Donors must be 70½ years of age or older at the time of distribution.
- For those age 73 and older, QCDs can satisfy all or part of your Required Minimum Distribution (RMD), allowing you to give directly to MSC while reducing taxable income.
- The total annual charitable gifts through QCDs cannot exceed $108,000 per taxpayer.
- Gifts must be transferred directly from your IRA administrator to Mustard Seed Communities to qualify for the tax benefits.
How to Make Your Gift
- Contact your IRA administrator and request that a charitable distribution be sent directly to Mustard Seed Communities.
- Ask the administrator to indicate your name on the check and specify that it is an IRA charitable distribution so we can properly recognize and record your gift.
Mailing Address for Checks
Mustard Seed Communities
200 Reservoir St., Suite 306
Needham, MA 02494
By using your IRA to make a charitable gift, you can support children and adults with disabilities, young mothers in crisis, and vulnerable children around the world—continuing a legacy of compassion while enjoying potential tax advantages. This simple, flexible option allows your generosity to have an immediate and lasting impact on those who need it most.
Quick Facts About IRA Charitable Rollover (Qualified Charitable Distribution)
For Donors 70½+
If you are age 70½ or older, you can make a tax-free gift directly from your IRA.
Satisfy Your RMD
Your gift can count toward your required minimum distribution (RMD), potentially lowering your taxable income.
Direct Impact
Support Mustard Seed’s children and programs today without increasing your tax burden.
Simple Process
Just instruct your IRA custodian to transfer funds directly to Mustard Seed Communities.
Through an IRA Charitable Rollover, you can make a lasting difference in the lives of residents like Akeem. Your gift helps provide the daily care, therapy, and love that Akeem—and hundreds of others—rely on each day.
Questions?
We’d love to talk more! Reach out to us at connect@mustardseed.com.