QCD (IRA Charitable Rollover)

Individuals that are over 70 and 1/2 may make gifts of up to $111,000 directly from their IRA to the North Dakota Community Foundation, benefiting the North Dakota community or charity of their choice (this is also referred to as a Qualified Charitable Distribution.) 

In addition, the SECURE 2.0 Act created a new gift opportunity to rollover a traditional IRA (up to $55,000) into a Charitable Gift Annuity, a standard unitrust or an annuity trust.  

There are many benefits to these options.  

Here's a short video that explains the traditional rollover option (please note that the 2026 maximum gift is now $111,000):  

Benefits of a traditional IRA charitable rollover (Qualified Charitable Distribution)

  • Avoid taxes on transfers of up to $111,000 from your IRA to the North Dakota Community Foundation
  • Satisfy your required minimum distribution (RMD) for the year (if you are over 72 and must take distributions)
  • Reduce your taxable income, even if you do not itemize deductions
  • Make a gift that is not subject to the 50% deduction limits on charitable gifts
  • Support your favorite North Dakota community or charity forever with a gift to their endowment fund, or contribute to our Statewide Greatest Needs Fund.

How an IRA charitable rollover (Qualified Charitable Distribution) gift works

  • Contact your IRA plan administrator to make a gift from your IRA to NDCF.
  • Your IRA funds will be directly transferred to NDCF to support the community or charity you desire.  Please indicate which existing NDCF fund you wish your gift to support or let us know if you wish to create a new fund.
  • Please note that IRA charitable rollover gifts do not qualify for a charitable deduction and cannot be given to a donor-advised fund or a private foundation.

Contact Us

If you have any questions about either the traditional IRA charitable rollover gift or the new opportunity to transfer funds into a Charitable Gift Annuity or other vehicle, please contact us. We would be happy to assist you and answer any questions you might have.