Charitable Distributions

Qualified charitable distributions or QCDs, offer eligible older Americans a great way to easily give to charity before the end of the year. IRA owners age 70½ or over can transfer up to $105,000 to charity tax-free each year. And, for those who are at least 73 years old, QCDs count toward the IRA owner's required minimum distribution (RMD) for the year.

To learn more about setting up a QCD, please reach out to your financial advisor. Our federal tax ID number is 83-2282738. 

By making a Qualified Charitable Distribution directly from your IRA to BPB, you can put your retirement savings to work supporting refugees and immigrants in our community. This tax-advantaged way of giving allows you to make a meaningful contribution while reducing your taxable income. Your generosity helps ensure that newcomers continue to receive the support, guidance, and opportunities they need to build brighter futures.