A tax-smart way for supporters age 70½ and older to make an impact at Chrysalis.
A qualified charitable distribution (QCD), also known as an IRA charitable rollover, allows you to give directly from your IRA to a qualified charity like Chrysalis. You can give up to $111,000 per year as an individual or $222,000 as a married couple in 2026 without paying income taxes on the distribution. Your gift may also count toward your required minimum distribution (RMD).
Why consider an IRA gift?
- See your impact in real time by putting your gift to work today
- Satisfy all or part of your required minimum distribution if applicable
- Avoid income taxes on the distribution, even if you do not itemize deductions
- Potentially lower your taxable income, which may reduce Medicare premiums and the taxable portion of Social Security
Because financial institutions sometimes do not include donor information with these gifts, please let us know if you plan to make a distribution so we can properly acknowledge and thank you.
Frequently Asked Questions
Chrysalis must receive your gift by Dec. 31 for your donation to qualify for the current calendar year. If you have check-writing features on your IRA, please be aware that your check must clear your account by Dec. 31 to count toward your required minimum distribution for the calendar year.
Yes. You can honor your gift pledge to Chrysalis with one or more qualified charitable IRA rollover transfers. You can direct your IRA provider to transfer your charitable gift to Chrysalis quarterly, annually, or other timing that works for you. Please let our staff know which financial institution will send your gift and when to expect it. We can be reached at (310) 401-9387 or Development@ChangeLives.org.
Yes. The current law extends the charitable IRA rollover provision indefinitely – with no expiration date – allowing individuals to make qualifying gifts every tax year.
Absolutely! Whether or not you choose to make a charitable IRA rollover gift, you can still designate Chrysalis as a beneficiary to receive IRA assets after your lifetime. The lifetime charitable IRA rollover is simply another option for donors who would like to see their philanthropy at work now.
For more information, please contact us at (310) 401-9387 or Development@ChangeLives.org.