Support Parkinson’s research and save on taxes by making a donation from your IRA. Learn how to give through a qualified charitable distribution (QCD).
Make a Tax-Smart Gift From Your IRA
If you’re 70½ or older, you can use your IRA to make a gift to The Michael J. Fox Foundation — and enjoy tax benefits. Giving from your IRA is one of the easiest ways to support Parkinson’s research and we are here to help make it simple.
Supporting Parkinson’s Research with an IRA Gift: The Trainors
"When we make a donation to MJFF, we feel good knowing that the money is being used wisely to fund research. One of these days, some random donated dollar bill is going to be the one that pays for the answer. That’s a lottery ticket we’d love to buy. That’s a donation that we are happy to make."
- Legacy Circle members Debra Trainor, a person living with Parkinson's, and her husband and care partner, John Trainor.
What is an IRA charitable gift?
An IRA charitable gift — also called a Qualified Charitable Distribution (QCD) — allows you to give directly from your Individual Retirement Account (IRA) to a nonprofit like The Michael J. Fox Foundation. If you’re age 70½ or older, you can donate up to $108,000 each year per person without paying income tax on the gift. It's a smart way to give and see your impact in action.
Get the Facts: IRA Giving at a Glance
- You must be 70½ or older to make an IRA charitable gift or QCD.
- You can give up to $108,000 each year per person from your IRA.
- Give directly to a cause you care about, such as The Michael J. Fox Foundation.
- Your donation can help fulfill your Required Minimum Distribution (RMD).
- You won’t owe federal income taxes on the amount you give and it may reduce taxable income and Medicare premiums.
- No need to itemize deductions to benefit.
Making a Difference With a Tax-Free IRA Gift: Roma’s Story
Roma Robson gives to The Michael J. Fox Foundation in memory of her husband, Roy, who lived with Parkinson’s disease. To support research and make the most of her impact, Roma gives tax-free from her IRA. Learn how this smart way of giving helps her support Parkinson’s research.
Notify Us to Get Started
Whether you're ready to make a gift or just exploring your options, our Planned Giving team is here to help. Reach out to learn more about giving through your IRA or to let us know about your intended gift.
Have any additional questions about giving from your IRA?
Please contact our team at plannedgiving@michaeljfox.org or visit our frequently asked questions page to learn more.