Front diagonal view of Mission House

Legacy Giving

Qualified Charitable Distribution (QCD) or “IRA Rollover” Gifts for Donors Aged 70½ or Older

Gifts from Retirement Plans During Life Age 70½+ Diagram

How It Works

  1. You are 70½ or older and instruct your plan administrator to make direct transfers to us and any other charities that, cumulatively, do not exceed $100,000 in the case of outright gifts or $50,000 in the case of transfers for a life-income plan. Both of these limits are adjusted for inflation beginning in 2024.
  2. Plan administrator makes transfer as directed to The Trustees of Reservations

Benefits

  • Your gift is transferred directly to The Trustees of Reservations; since you do not receive the funds, they are not included in your gross income*
  • The amount you transfer will count towards your mandatory distribution if you have attained the age when required distributions begin. That age, which had been 72, was raised to 73 for those who become 72 between January 1, 2023, and December 1, 2032, and 75 for those who reach the age of 74 after December 31, 2032.
  • You support the programs that are important to you at The Trustees of Reservations

*No income-tax deduction is allowed for the transfer.

More Information

Contact Us

Julie Lazarus
Senior Planned Giving Officer
978-338-1172
jlazarus@thetrustees.org

 

The Trustees of Reservations
200 High Street, 4th Floor
Boston, MA 02110

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