Your IRA can provide a tax-smart way to make an impact with Commonwealth School—right now. The Qualified Charitable Distribution, or QCD (sometimes called an “IRA Charitable Rollover”) is a great way to satisfy your Required Minimum Distribution (RMD), too.

How Do I Qualify?

The Qualified Charitable Distribution (QCD) offers multiple benefits for making gifts from your IRA.

  • You must be 70½ years or older at the time of the gift.
  • Gifts must go directly from your IRA to Commonwealth School.
  • For 2026, total QCD gifts cannot exceed $111,000 per donor.

Benefits of Qualified Charitable Distribution

  • If you don’t itemize your income tax deductions, a QCD offers all of the benefits of an itemized income tax charitable deduction.
  • If you are age 73 or older and must take a Required Minimum Distribution (RMD), a QCD gift can satisfy your RMD without increasing your income taxes.
  • It is a powerful way to create an immediate impact on Commonwealth School.

How Can I Make an IRA Charitable Rollover?

Contact your IRA administrator to request a Qualified Charitable Distribution from your IRA to Commonwealth.

 

How Your Gift Helps

Your planned gift helps make the Commonwealth experience possible—today and far into the future. Among many things, your support will help us:

 
Serve curious students who want to understand their world deeply—and work to improve it

 
Provide rigorous classes taught by caring faculty that challenge students to do their best work

 
Increase access to a Commonwealth education for students from communities too often ignored