IRA Gifts

If you are 70½ or older, you can make a tax-free gift to the Friends of Jack Foundation directly from your individual retirement account (IRA). This is called a qualified charitable distribution (QCD).

The advantages of a QCD

Tax benefits

A charitable gift transferred from your IRA directly to the Friends of Jack will not be taxed and can satisfy your required minimum distribution (RMD), maximizing benefits to both you and the Friends of Jack.

Ease

You do not need an attorney to make this gift; simply contact your financial advisor.

Flexibility

An IRA gift can be directed to unrestricted support for the Friends of Jack Foundation or a specific area.

The requirements for an IRA gift

Be age 70½ or older

Give your required minimum distribution, up to $100,000, from your IRA per year

Transfer funds directly from a traditional or rollover IRA to the Friends of Jack

Please note: Gifts from an IRA cannot be accepted when goods or services from the charity are provided.

Take action

Contact your IRA administrator

Other Tax-Efficient Gifts

Donor-Advised Funds

Give through your donor-advised fund to maximize your impact. Your fund sponsor handles all record-keeping, disbursements, and tax receipts.

Learn More

Stock or Securities

Make a gift of stock or securities to support our mission and avoid capital gains tax on the appreciation of your stock.