Give Through Your Retirement Account

Qualified Charitable Distributions (QCDs)

Support New Life of NYC's vital programs and receive tax benefits in return!

If you are age 70½ or older, you can give any amount up to $105,000 (in 2024) from your individual retirement account (IRA), directly to New Life of NYC without having to pay income taxes on the amount.

To initiate your QCD:

Step 1

Seek advice from your financial or legal adviser to determine if a QCD is right for you and understand the relevant guidelines for tax benefits.

Step 2

Contact your retirement plan administrator regarding your required minimum distribution for this year. Ask to elect a qualified charitable distribution to New Life of New York City, Inc. (Federal Tax ID Number: 23-7344354) in the amount you choose.

Step 3

Follow the instructions from your retirement plan administrator or our QCD Tool to submit your request for a QCD to New Life of New York City, Inc..

Step 4

Let our team know that you have initiated a QCD gift to New Life of New York City, Inc.

Step 5

Once New Life of New York City, Inc. receives the QCD gift through your plan administrator, you will receive a confirmation acknowledgment.

Have Questions?

Contact our team at donate@newlifeofnyc.org or (212) 780-5940 ext. 1002.

Please note: This information is not tax or legal advice. Please consult with your legal and financial advisers to learn how a QCD would work in your circumstances.