A Meaningful Way to Give from Your IRA
Did you know that if you’re 70½ or older, you can support BCBS directly from your IRA and potentially receive tax benefits?
A Qualified Charitable Distribution (QCD) allows you to make a gift directly from your IRA to BCBS without adding the amount to your taxable income. If you’re required to take a minimum distribution, your gift can also count toward that requirement. In 2026, you can give up to $111,000 through QCDs.
These gifts help make study and practice accessible to people who might otherwise be unable to afford a program at BCBS.
If you’re considering a gift this year, we encourage you to begin soon. Your IRA custodian can arrange a direct transfer to BCBS, but the gift must be completed by December 31 to count for 2026.
Our website has everything you need to get started, including a QCD request letter for your IRA custodian. You can also contact Melissa Gopnik at melissag@buddhistinquiry.org or 978-355-2347 with questions. We encourage you to consult your financial or tax advisor about your individual circumstances.
