Qualified Charitable Distribution - QCD
QCDs are a
meaningful way
to give...
and tax-smart!
A meaningful way to give...
and it's tax-smart!
Qualified Charitable Distribution - QCD
Are you age 70½ or older?
Do you have an IRA?
Would you like to pay less income tax?
If you answered yes to these questions, you can use a Qualified Charitable Distribution (QCD) to get an income tax break.
At the same time, you will make a meaningful difference for Israelis and for the individuals who tutor them in the English B'Yachad program.
If you answered yes to all these questions, you can use a Qualified Charitable Distribution (QCD) to get an
income tax break.
At the same time, you can make a meaningful difference for Israelis...as well as for individuals who tutor them in the English B'Yachad program.
If you answered yes to all these questions, you can use a Qualified Charitable Distribution (QCD) to get an income tax break.
At the same time, you can make a meaningful difference for Israelis...as well as for individuals who tutor them in the English B'Yachad program.
What is a Qualified Charitable Distribution (QCD)?
A QCD is an IRS tool
that allows
those 70½ and older
to transform
a taxable IRA withdrawal
into a tax-free
charitable gift.
Reduce Your Taxable Income
Unlike standard IRA withdrawals, the entire QCD amount is excluded from your gross taxable yearly income.
Tax-free Giving
Donors can transfer up to $100K annually directly from their IRA to a qualified 501(c)(3) nonprofit such as Skilled Volunteers for Israel.
Satisfy Required Minimum Distribution (RMD)
At age 73 and above, your
QCD withdrawal counts toward this requirement.
It fulfills your IRS obligation
without increasing your tax bill.
A QCD is an IRS tool that allows those 70½ and older to transform a taxable IRA withdrawal into a tax-free charitable gift.
Reduce Your Taxable Income
Unlike standard IRA withdrawals, the entire QCD amount is excluded from your gross taxable yearly income.
Tax-free Giving
Donors can transfer up to $100K annually directly from their IRA to a qualified 501(c)(3) nonprofit such as Skilled Volunteers for Israel.
Satisfy Required Minimum Distribution (RMD)
At age 73 and above, your QCD withdrawal counts toward this requirement. It fulfills your IRS obligation without increasing your tax bill.
.
A meaningful way to give...
and tax-smart!
It'a meaningful way to give...
and it's tax-smart!
Volunteer Tutors
Who are English B'Yachad volunteers?
The majority of the English B’Yachad volunteer tutors are retired Jewish professionals. Some are seasoned professionals still in the workforce. Most of them reside in the United States and Canada.
Since volunteers work remotely, they can reside anywhere.
A QCD is an IRS tool
that allows those 70½ and older
to transform a taxable IRA withdrawal
into a tax-free charitable gift.
Reduce Your Taxable Income - Unlike standard IRA withdrawals, the entire QCD amount is excluded from your gross taxable yearly income.
Tax-free Giving - Donors can transfer up to $100K annually directly from their IRA to a qualified 501(c)(3) nonprofit such as Skilled Volunteers for Israel.
Satisfy Required Minimum Distribution (RMD) - At age 73 and above, your QCD withdrawal counts toward this requirement. It fulfills your IRS obligation without increasing your tax bill.
Reduce Your Taxable Income
Unlike standard IRA withdrawals, the entire QCD amount is excluded from your gross taxable yearly income.
Tax-free Giving
Donors can transfer up to $100K annually directly from their IRA to a qualified 501(c)(3) nonprofit such as Skilled Volunteers for Israel.
Satisfy Required Minimum Distribution (RMD)
At age 73 and above, your QCD withdrawal counts toward
this requirement. It fulfills your IRS obligation
without increasing your tax bill.
Lower your taxes
while making
a lasting impact in Israel.
Now is the perfect time to give...
and enjoy
year-end tax benefits.
Lower your taxes. Make a lasting impact in Israel.
At age 73 and beyond, the IRS requires you to take Required Minimum Distributions (RMDs) from your IRA.
Your QCD withdrawl counts toward your RMD and remains excluded from your taxable income.
How will you benefit from a Qualified Charitable Distribution?
Save on income taxes. QCDs are tax-smart!
Funds you transfer directly to a qualified charity are not taxed by the IRS. Get a significant tax break!
When you help SVFI, you help all of us.
Your generosity makes it possible for volunteers to share their wisdom and skills—and gives Israelis the tools to build stronger futures.
Save on income taxes. It is tax-smart!
Funds you transfer directly to a qualified charity are not taxed by the IRS. Get a significant tax break!
It's easy to set up a QCD.
It's easy to
set up a QCD.
Do you meet the requirements?
You must be at least 70 ½ years old and have an IRA in the United States.
Contact your IRA administrator to request a QCD.
For some IRA custodians, a verbal request is sufficient; others require a written request (letter, email form).
Have your QCD sent directly to Skilled Volunteers for Israel.
Here is the information you will need to provide:
Nonprofit name:
Skilled Volunteers for Israel
EIN #: 27-1761653
Mail to:
Skilled Volunteers for Israel
Attn: Marla Gamoran
1755 York Av, #19C
New York, NY 10128
Notify SVFI of your gift.
Since your QCD is generally sent directly to Skilled Volunteers for Israel, it’s a good idea to let us know that you have made these arrangements. That way, we can keep our eye out for your gift, as well as to properly acknowledge your gift when it arrives. You can contact Marla via email or call her at 1.608.469.0458.
Your gift
changes lives.
It's tax-smart too!
Thank you for supporting our mission!
Your gift changes lives.
It's tax-smart too!
Thank you
for supporting our mission.
Your gift strengthens English B’Yachad,
connecting Jewish professionals
with Israelis
eager to advance their confidence in English
and their careers.
English B'Yachad tutors represent a wide range of professions.
Our volunteers have worked in fields such as such as business, healthcare, law, education, and the arts. This rich professional diversity allows us to thoughtfully pair mentors with students. Our students also bring varying backgrounds and needs to the program.
Do volunteers need Hebrew or teaching experience to tutor?
No. Such skills are not required. However, if you do have these skills, there are students who will benefit from your knowledge and experience.
English B'Yachad volunteers share a unique camaraderie.
When tutors join our monthly online Tutor Talks, they find a community that shares:
-
a love of Israel
-
a desire to make a difference
-
the willingness to give time to help others
Volunteer Benefits
"It's fulfilling on so many levels...
...and satisfying to be able to give in ways that help others. QCDs also make good financial sense."
Meryl G
Volunteer, Tutor, Board Member
SVFI & English B'Yachad
Denver, CO USA
Volunteer Benefits
Research shows that a strong sense of purpose is associated with improved mental and physical health, greater life satisfaction, and increased longevity in older adults.
Volunteering for English B’Yachad offers you:
-
a sense of purpose
-
intellectual stimulation
-
a meaningful connection to Israel
Ready to make a QCD gift? Want to know more?
Consult your IRA custodian and tax advisor for details on how a QCD can support your specific financial situation. Skilled Volunteers for Israel can't provide legal or tax advice.
Do you have questions, or are you interested in learning more about how your dollars will support SVFI?
Contact:
Marla Gamoran
Executive Director
Email, call or text 1.608.469.0458
