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
Los Angeles Clippers and the Los Angeles Regional Food Bank Team Up to Fight Hunger
The Los Angeles Clippers demonstrated an incredible commitment at the annual Feed the Community event and a dedicated volunteer day at the Food Bank.
The Grace Resources Food Pantry Helps Its Neighbors Such as Kerry
The Grace Resources food pantry in Lancaster, CA, helps neighbors like Kerry who are experiencing homelessness.
How to Support the Food Bank for Hanukkah, Christmas, Kwanzaa, or Any Holiday This Season
Interested in making a positive impact in your community during the holiday season? Consider the Food Bank! Learn more here.
How the Food Bank Responds to Emergencies
For Kelly, food assistance from the Food Bank is more than groceries—they’re a pathway to stability.