IRA Gift
What is an IRA gift?
An individual retirement account (IRA) is a tax-advantaged retirement savings account. Your IRA can provide a tax-smart way to make an impact with Robin Hood 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 Robin Hood and satisfy your required minimum distribution (RMD), too.
Why It's Right for You
A qualified charitable distribution offers multiple benefits for making gifts from your IRA, and may be right for you if:
- You are 70½ years or older at the time of the gift.
- You want gifts to go directly from your IRA to Robin Hood.
How It Works
Contact your IRA administrator to request a qualified charitable distribution from your IRA to Robin Hood.
Note: For 2025, total QCD gifts cannot exceed $108,000 per donor.
Frequently Asked Questions
What are the tax benefits of a 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.
- You may direct your gift to a program or area of your choice.
- It is a wonderful way to create an immediate impact on Robin Hood.
Make an IRA Gift
To make a gift through your IRA, type in the name of your brokerage to be redirected to your login page.
Don't see your fund? Let us know.
Contact us
We would love to speak with you and share information on gift strategies that can help you support Robin Hood and provide benefits to you and your family.
Austin Wrubel
Director of Planned Giving
212-844-3521
wrubel@robinhood.org
If you have already put Robin Hood in your estate plans, please let us know.