IRA Qualified Charitable Distribution (QCD)
A Tax-saving Way to Support the Merced County Food Bank
The Merced County Food Bank serves as a lifeline for our community. Through our network of food assistance partners and direct food distributions programs, such as our USDA Commodities, Senior Brown Bag and children’s programs, we serve over 45,000 people per month.
How It Works
To make a QCD to a public charity like the Merced County Food Bank, you must be 701/2 or older.
You can give up to $111,000 for the 2026 tax year from your Traditional or Roth IRA.
Tell your financial advisor that you want to do a QCD to the Merced County Food Bank. They can send your gift by check or wire.
Your gift must be complete by December 31, in order to receive the maximum tax benefits for 2026.
Benefits For You
To meet the needs of our food-insecure population we rely on donations. For every $1 donated, mcfb can distribute 2 meals.
Each dollar of your donation will count towards your required minimum distribution for 2026.
A QCD lets you donate up to $111,000 tax-free, even if you take the standard deduction instead of itemizing.
Please consult your financial or tax advisor. A Qualified Charitable Distribution (QCD) is excluded from taxable income, unlike regular IRA withdrawals, and may help reduce taxes on Social Security, Medicare premiums, and certain tax credits and deductions.
