Make a Meaningful Gift with Your IRA
Make a Meaningful Gift with Your IRA
Learn more about giving to the Food Bank with your IRA.
The Los Angeles Regional Food Bank is committed to ending hunger in Los Angeles County and ensuring your generosity is as effective—and tax-savvy—as possible. With 96% of all proceeds going directly to programs, giving to the Food Bank is one of the most effective ways to make a positive difference in your community.
IRA Charitable Gifts
If you’re 70½ or older, you can contribute up to $108,000 directly from your IRA to a qualified charity—like the Food Bank—without paying income tax. Known as the Qualified Charitable Distribution (QCD) or IRA charitable rollover, this gift:
- Satisfies some or all of your Required Minimum Distribution (RMD).
- Reduces adjusted gross income (AGI), potentially lowering Medicare premiums or taxable Social Security income.
- Does not count as taxable income, yet still supports our mission today.
Why IRA Giving Is a Good Idea
- Tax flexibility: QCDs don’t require itemizing to reap tax advantages
- High value today: $108,000 per person in 2025
- Immediate impact: Your gift goes straight to feeding our neighbors
Your Next Steps
- Use your QCD before year-end to maximize tax efficiency while supporting Food Bank programs.
- Explore other means like:
- Recommending a grant from your donor-advised fund (DAF)
- Consider giving appreciated securities, which provide double tax benefits.
- Consider how a QCD can now amplify your impact.
The IRA charitable rollover continues to offer a powerful way to support our neighbors at a time when tax-smart giving matters more than ever. Thank you for considering a gift that not only feeds but also empowers. Contact our Planned Giving Director, Debra Beadle, for more information.Â
The Los Angeles Regional Food Bank does not provide financial, legal, or tax advice. Please consult your professional advisor to determine how a gift may impact your individual situation.
More Stories from the LA Regional Food Bank
How Food Assistance Strengthens Families at Main Street Elementary
The LA Regional Food Bank’s Backpack Program helps alleviate hunger for thousands of children across LA County.
Food Banks are Bigger Than You Think
When many people think about a food bank, they may picture something small and simple. In reality, the work is far larger and more complex.
Finding Stability Through Food: Voices From Mayo Elementary
Through the BackPack Program, students and their families receive nutritious food to take home, helping bridge the gap between school meals.
Food as Medicine: How Anthem Blue Cross Foundation and the Los Angeles Regional Food Bank Partner to Address Social Determinants of Health through Phase 2: Food Rx Pilot Program
With generous funding from the Anthem Blue Cross Foundation, the Los Angeles Regional Food Bank launched the Food Rx Pilot.