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How do I gift Vanguard mutual fund shares to a person or charity?

You can give shares as a gift from many accounts

How can you do this?

If the shares are going to a non-Vanguard account and not an IRA, fill out the letter of instruction for gift of securities PDF

Note: You don’t need to get a medallion signature guarantee unless you’re gifting more than $5000.

If you have a brokerage account, complete the change of ownership to a new account form PDF

If you have a non-brokerage account, complete either the giving fund shares to individuals PDF or the giving fund shares to organizations PDF

How do I take a qualified charitable distribution (QCD) from my IRA

You can sell shares from your Vanguard mutual funds or Vanguard brokerage account by check to donate to a qualified charity. If you are donating from an IRA, it is called a qualified charitable distribution (QCD).

Taking a QCD from your IRA

Why do this?

  • You may be able to avoid taxes on otherwise taxable distributions if you’re drawing from a traditional IRA.
  • A qualified QCD is not subject to ordinary federal income taxes – the amount is simply excluded from your taxable income.
  • Your annual Required Minimum Distribution (RMD) may be donated to a qualified charity.

When can you do this?

  • You must be at least 70½ at the time of the distribution.
  • If you are donating all or part of your RMD, your distribution must be completed by the RMD deadline.

How can you do this?

  • Confirm that the receiving charity is qualified under Internal Revenue Code § 170(b)(1)(A).
  • You can take a maximum of $100,000 per year in qualified charitable distributions.
  • See how to request your distribution by clicking here.

About taking QCDs for your RMD

  • If you are at least age 70½, up to a maximum of $100,000 of your RMD can be donated to a qualified charity.
  • Your QCD counts for your RMD.
  • If you have the RMD service, be sure to factor in these donations to avoid distributing more than your annual RMD.