Donate Directly From Your IRA
If you’re 70½ or older, you can make tax-free gifts directly from your Individual Retirement Account to support Mission Graduates. A Qualified Charitable Distribution (QCD) allows you to satisfy your required minimum distribution while helping students access higher education.
Benefits of IRA Giving
- Satisfy your Required Minimum Distribution (RMD) without increasing your taxable income
- Reduce your taxable income even if you don’t itemize deductions
- Make a significant impact on educational equity in San Francisco
- Simplify your giving with direct transfers from your retirement account
Who Can Make a QCD?
Individuals who are 70½ years or older can transfer up to $100,000 per year directly to qualified charities like Mission Graduates from their IRA. Married couples can each transfer up to $100,000 from their respective IRAs.
How to Make Your IRA Gift
Making a Qualified Charitable Distribution is simple:
- Contact your IRA administrator to request a direct transfer to Mission Graduates, or
- Log in to your account online and initiate the gift electronically, or
- Call your financial advisor or broker who can help initiate the gift
Please provide your IRA administrator with the following information:
Organization Name: Mission Graduates
Tax ID Number: 23-7172909
Address:
Mission Graduates
3040 16th Street
San Francisco, CA 94103
Important Considerations
- Your gift must come directly from your IRA custodian to Mission Graduates
- Both traditional and Roth IRAs qualify for this type of giving
- The transfer generates neither taxable income nor a tax deduction
- Your gift will count toward your required minimum distribution if you’re 73 or older
Questions About IRA Giving?
Our development team is happy to assist with any questions about making a Qualified Charitable Distribution or to discuss other giving options.
Email Suzie Sheedy, Chief Development Officer.
Please consider this page an informational resource to help you meet your philanthropic goals. The information provided here is for illustrative purposes only and should not be considered investment, legal, accounting, tax, or other professional advice. Mission Graduates recommends that each person considering a gift from their IRA consult with their own legal and/or financial adviser.