For many people over 70, making a charitable gift through an IRA isn’t only gen­erous – it’s also tax-savvy! Jane Crowe, a former care­giver and longtime supporter of MMC, discovered this firsthand.

“I’d been giving through my IRA to our church for years,” Jane says. “This year when I spoke with my CPA and financial advisor, they both said it made sense to do more of my charitable giving this way.”

Anyone over 70.5 years old who has an Individual Retirement Account can make a qualified charitable distribu­tion (QCD) directly from the IRA to a nonprofit like MMC. If the IRA is subject to a re­quired minimum distribution (RMD), the gift will count toward the RMD and be ex­cluded from taxable income. Please note there is an annual limit to charitable distribu­tions – $108,000 in 2025.

“It was so easy. All I had to do was tell my financial advisor what organizations I support, how much to give, and the address. They han­dled everything and sent me a confirmation.”

Jane now gives beyond her required minimum distribu­tion, supporting MMC and other causes close to her heart. “Any nonprofit can receive a charitable distribution. It’s simple and so beneficial. And I was going to make the con­tribution anyway – by doing it this way, I get a tax bonus. It’s a win-win.”

For Jane, the choice to sup­port MMC was easy. “MMC saved our lives, and I’ll never forget it. It’s a privilege to pay it forward and help other families.”

If you’re interested in learning more about giving through your IRA, talk to your tax advisor or reach out to MMC.