Turn your RMD into a Gift of Hope and save on your taxes

If you are age 701⁄2 or older, you can make a meaningful gift to St. Vincent New Beginnings
directly from your IRA. This simple strategy—called a Qualified Charitable Distribution
(QCD)—can satisfy your Required Minimum Distribution (RMD) while reducing your taxable income.

How it works:

• Ask your IRA administrator to make a Qualified Charitable Distribution directly to St. Vincent
  New Beginnings.
• The amount you transfer counts toward your RMD for the year.
• Because the gift goes directly to the charity, it is excluded from your taxable income.
• You can donate up to the annual IRS limit (currently $108,000 per individual in 2025).

Benefits for you:

• Reduce your taxable income and possibly lower Medicare premiums.
• Fulfill your Required Minimum Distribution without increasing your tax bill.
• Support life-changing programs that help men rebuild their lives after incarceration.

Example:

Jane is 74 and must take a $20,000 RMD this year. She instructs her IRA custodian to send
$20,000 directly to St. Vincent New Beginnings. That $20,000 counts toward her RMD and is
not included in her taxable income—saving her taxes while helping others rebuild their lives.

To make a gift:

Provide your IRA administrator with the following information:
EIN: 84-4835888
Payable to: St. Vincent New Beginnings
Mailing address: P.O. Box 25, Delaware, OH 43015
Phone: 740-833-6057
Email: [email protected]

Disclaimer: This information is provided for general educational purposes only and is not
intended as legal or tax advice. Please consult your tax advisor or financial planner to determine
how a Qualified Charitable Distribution may benefit you.

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