Making a Qualified Charitable Distribution (QCD) from your IRA — also known as an IRA Charitable Rollover gift—is a wonderful way to support the New Israel Fund’s vital work advancing equality and democracy in Israel.

It allows you to make gifts of up to $100,000 per year (per individual) to NIF from your IRA*. You incur no federal income taxes and the sums count toward your required minimum distribution so long as you meet the eligibility requirements and follow certain rules**:

• You must be 70½ years old or older.
• Your IRA administrator or trustee must distribute the funds directly to NIF—not to you first. Or you can write a check that draws directly from your IRA.
• The gift cannot benefit a donor-advised fund (DAF) or be used to purchase event tickets, such as for galas.

Qualified Charitable Distributions from your IRA are a great way to make your annual gift, or even start your family’s named endowment fund at NIF, creating a legacy that reflects your Israel values.

To arrange a Qualified Charitable Distribution from your IRA:

1. Contact the financial institution where your IRA is held and instruct them to send your Required Minimum Distribution* (or whatever portion of those funds you choose) directly to the New Israel Fund.
2. Request that your financial institution identify that it’s a Qualified Charitable Distribution from an IRA and your name on the check as the donor. If they send a check with no name, we’re unable to acknowledge your gift. You can also let us know about your gift, so we’re sure to make the connection to you as the donor.
3. Request that the check be mailed to: New Israel Fund, Attn: Becky Buckwald, Chief Planned Giving Officer, PO Box 70358, Philadelphia, PA 19176-0358

In case you need it, NIF’s tax ID number is 94-2607722.

*Because you will not be recognizing additional income when you make the withdrawal from your IRA, your Medicare premiums will not be affected.

**The Setting Every Community Up for Retirement Enhancement (SECURE) Act passed into law at the end of 2019, making substantial updates to long-standing retirement account rules.

Please consult with your professional advisor for further information about the laws concerning Qualified Charitable Distributions from your IRA and contact Becky Buckwald, Chief Planned Giving Officer, if you need assistance.

Disclaimer: New Israel Fund is not engaged in legal or tax advisory services. Please consult with your professional advisor as to which giving vehicle is right for you, and when creating bequests, seek drafting and counsel from an attorney.