Qualified Charitable Distribution (QCD)

A qualified charitable distribution (QCD) is a direct transfer of funds from your IRA, payable to a qualified charity such as the Pulmonary Fibrosis Foundation. QCD’s are advantageous because they can be counted toward satisfying your required minimum distribution (RMD) for the year, and they do not require you to itemize.

• You must be 70 ½ or older
• The QCD must come directly from a qualifying IRA (traditional IRA, rollover IRA or inherited IRA).
• Limited to the amount that would otherwise be taxed as ordinary income. This excludes non-deductible contributions
• The maximum annual amount is $108,000 per individual for 2025 or $216,000 for married couples filing jointly.

• For those 73 and older, a QCD gift counts toward your required minimum distribution (RMD).
• The QCD is not included in your taxable income, which can reduce your overall tax liability. You will not receive a charitable income tax deduction for the QCD.

You can use our tool or notify your IRA administrator to make a direct transfer of the gift amount from your IRA to the PFF.

“I would like to make a Qualified Charitable Distribution from my IRA directly to the Pulmonary Fibrosis Foundation, Tax ID 84-1558631, in the amount of $____. Please include my name and address with the check.”

Please visit the IRS website and contact your financial or tax advisor to decide if a QCD is right for you.