Give Through an IRA

IRA Gifts: Qualified Charitable Distributions

Individual donors aged 70½ or older, may be eligible to make a gift directly from their IRA to support FRESHFARM—up to $108,000 this year, without incurring income taxes on the transfer. This type of gift, known as a Qualified Charitable Distribution (QCD) or IRA Charitable Rollover, comes with several unique advantages.

Why Give With a Qualified Charitable Distribution?

• A gift through a Qualified Charitable Distribution makes an immediate impact for children, families, and seniors served by FRESHFARM.
• Donors required to make a minimum distribution, may satisfy all or part of their Required Minimum Distribution (RMD).
• In many cases, the transfer is not considered taxable income and does not require itemized deductions.
• In some cases, because it doesn’t count as income, a QCD may lower Medicare premiums or reduce the portion of Social Security subject to tax.

Next Steps

1. Seek the advice of your financial or legal advisor.
2. Share this page with your financial advisor to explore how supporting FRESHARM can fit into your goals.
3. Contact FRESHFARM at giving@freshfarm.org to discuss using your IRA to support FRESHFARM and our mission.
4. To include FRESHFARM in your plans, please use our legal name and federal tax ID. Please let us know of your gift so that we can keep track of it (and thank you!) by emailing giving@freshfarm.org. 

Legal name: FRESHFARM Markets Inc.
Legal address: 1380 Monroe St NW #605 Washington, DC 20010
Federal tax ID number: 35-2169859

Disclaimer: The information on this page is for educational purposes only and is not intended to constitute legal, tax, or financial advice. Please consult your own advisors to determine how these strategies may apply to your individual circumstances.