Control Your Legacy: Fund a Veteran's Future Directly—and Pay Zero Tax
For donors aged 70½ and older, a Qualified Charitable Distribution (QCD) from your Individual Retirement Account (IRA) is the most effective way to support PHV while minimizing your personal income taxes.
Benefit for the Donor
- Tax-Free Giving: The amount transferred is excluded from your gross income.
- Satisfy RMDs: Transfers count toward satisfying your Required Minimum Distribution (RMD) for the year (starting at age 73).
- Avoid Higher Taxes: Since the withdrawal isn't taxed, it can help lower your Adjusted Gross Income (AGI), potentially avoiding higher taxes on Social Security and Medicare premiums
Benefit for the Mission
- Direct Support: Your gift provides immediate funding for job readiness, training, and placement services.
- Life-Changing Impact: You help veterans and military spouses transition from service to civilian careers, restoring financial stability and purpose.
- Community Building: By stabilizing veteran families, you strengthen the economic fabric of the greater Pittsburgh area.
Your Tax-Free Gift Provides One-on-One Employment Assistance
Help fund the organization that provides free one-on-one employment assistance to Veterans, transitioning Service Members, Guardsmen, and Reservists—and their spouses—to secure a better future. Support Pittsburgh Hires Veterans!
The 1,800 unemployed veterans in Southwestern PA don’t all need help securing a job, but nearly all benefit from services at Pittsburgh Hires Veterans (PHV). PHV is veterans helping veterans to secure the next chapter in their lives.
PHV: All About Jobs, Only About Jobs
We believe the most critical step in transition is meaningful employment. Our effectiveness comes from our specialized, results-driven focus:
- Customized Readiness: From resume drafting and review to interview skills training and referring veterans to one of our 600 network employers, PHV works one-on-one to give veterans the specific assistance they need to be successful.
- Proven Results: Skilled veteran employment specialists place over 150 veterans into solid and sustaining employment each year.
- Strong Wages: Veterans acquiring full-time work average over $53,000 annual income.
- Faster Placement: Veterans land these jobs in under 120 days versus the four- to six-month average reported nationwide.
Commitment to Financial Efficiency
Donors trust us to put their funds directly toward impact. We are proud of our commitment to efficient stewardship:
| Allocation | Percentage of Funding |
|---|---|
| Program Services (Direct Veteran Support) | 65% |
| Administrative & Fundraising Costs | 35% |
Take the Next Step
By making a QCD, you are choosing to strategically leverage your assets to create stability and success for our heroes.
- Contact Your IRA Administrator: Instruct your IRA provider to make a check payable directly to "Pittsburgh Hires Veterans."
- Request Mailing: Ensure the check is either mailed directly to PHV or sent to you in an uncashed envelope so you can forward it.
- Notify PHV: Please let us know of your pending gift so we can acknowledge your generosity and track its arrival.
Pittsburgh Hires Veterans (PHV)
1333 Banksville Road, Pittsburgh, PA 15216
EIN: 27-0124770
Contact: Michele Fallet, Business Development Specialist
Phone: 412-388-0100 X304
Email: michele@pittsburghhiresveterans.org
Key Facts About Qualified Charitable Distributions
- Donor Age: You must be 70½ or older when the distribution is made.
- Source: Transfers must come directly from a traditional IRA.
- Maximum Annual Limit: Up to $108,000 can be transferred tax-free in 2025. (This limit is indexed for inflation.)
- Direct Transfer: Funds must be paid directly from your IRA administrator to Pittsburgh Hires Veterans. You cannot withdraw the money and then write a check.
(Consult your financial advisor or tax professional for advice specific to your situation.)