Make a Tax Deductible Gift through Your IRA

Calling Friends 70½ years old and older. You can give any amount (up to a maximum of $108,000) this year from your IRA directly to a qualified charity including Friends of the Chicago River without having to pay income taxes on the money.

Gifts of any value $108,000 or less are eligible for this benefit. This popular gift option is commonly called the IRA Charitable Rollover, but you may also see it referred to as a Qualified Charitable Distribution or QCD, for short. You must be 70 ½ years old on the date of your gift.

Your contribution will have direct impact on Friends’ work to protect and restore the river system. Please contact Friends’ Director of Development, Annie Hanrahan, with any questions about giving this year, at ahanrahan@chicagoriver.org.