If you are age 70½ or older, you can support the Hebrew Free Loan Society (HFLS) in a meaningful way through a Qualified Charitable Distribution (QCD) from your Individual Retirement Account (IRA).
A QCD allows you to make a gift directly from your IRA to HFLS without increasing your taxable income, provided IRS requirements are met. Your gift may also count toward your required minimum distribution (RMD).
To make an IRA gift please contact your IRA administrator. Ask your IRA provider to make a QCD directly to HFLS using the following information:
Legal Name: Hebrew Free Loan Society
Federal Tax Identification Number: 13-5562239
Mailing Address: 275 Madison Ave., #1905, New York, NY 10016
Organization Type: 501(c)(3) charitable organization
We are here to help. If you have questions, please contact Ziva Davidovich at [email protected]
Please consult your financial or tax advisor to determine whether a Qualified Charitable Distribution is right for you. QCDs are subject to IRS eligibility requirements and annual limits.