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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?

Use this process to gift holdings from your Vanguard nonretirement account. The recipient must be an individual, trust, charity or eligible organization. Give shares to an Individual or Organization

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.