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Changes coming soon

We're working on updates that will reflect changes made by the SECURE Act. In the meantime, some of the details on this page may not be accurate. We also recommend that you consult a qualified tax advisor about your personal situation.

How do I take a qualified charitable distribution (QCD)?

You can sell shares from your Vanguard mutual funds or Vanguard brokerage account by check to donate to a qualified charity. This is called a qualified charitable distribution (QCD). You can take qualified charitable distribution 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 charitable distribution (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 70½ at the time of the distribution.

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.
  • Print this page and then start your distribution by clicking here and following the instructions listed below.
  • Choose an eligible account and select Send me a check from the Where’s the money going? drop-down.
  • Select the Qualified Charitable Distribution checkbox and read the QCD considerations.
  • Enter the name of the charity.
  • Proceed through to the confirmation screen.

About taking a qualified charitable distribution for your RMD

  • If you are 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.
  • Qualified charitable distributions are counted for the tax year in which they're taken.