Logo for the Center for Victims of Torture

Gifts through your IRA

Last updated: October 18, 2023

If you are 70 ½ or older, you can use your IRA to receive tax relief on giving to charities such as the Center for Victims of Torture. You can do so with a qualified charitable distribution (QCD) from your IRA.

The funds are directly transferred from your IRA to the Center for Victims of Torture are put to use right away. A QCD generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions.


Gift Options

Gifting cash

Direct your plan administrator to make your gift to:

The Center for Victims of Torture
2356 University Ave W., Ste 430
St. Paul, MN 55114
Federal Tax ID: 36-3383933

Gifting Stock

Direct your plan administrator to transfer your stock to our account at:

UBS Financial Services
Jack Samuels, Client Service Associate
681 East Lake Street
Wayzata, MN 55391
952-475-9467
[email protected]
Center for Victims of Torture Account Number: RP 25650
DTC Number: 0221

Learn more about donating stock.


Benefits of an IRA Qualified Charitable Distribution

  • Avoid taxes on transfers of up to $100,000 from your IRA to our organization.
  • Satisfy your required minimum distribution (RMD) for the year.
  • Reduce your taxable income, even if you do not itemize deductions.
  • Make a gift that is not subject to the deduction limits on charitable gifts.
  • Help further the work and mission of our organization.

How to make an IRA Qualified Charitable Distribution gift to benefit CVT

  • Contact your IRA plan administrator and request that a Qualified Charitable Distribution (QCD) be transferred directly to the Center for Victims of Torture.
  • Your IRA funds of cash or stock in any amount (up to $100,000) will be directly transferred to our organization to help continue our important work.
  • Please note that IRA Qualified Charitable Distribution gifts do not qualify for a charitable deduction.
  • Please contact us if you wish for your gift to be used for a specific purpose.


The information found on this page is intended for informational purposes only. We recommend consulting with a trusted financial advisor before making decisions involving your estate.