What is a Qualified Charitable Contribution? Generally, a qualified charitable contribution is an otherwise taxable distribution from an Individual Retirement Account (IRA) owned by an individual who is age 70½ or over that is paid DIRECTLY from the IRA to a qualified charity. Many of our parishioners have inquired about this and several are already taking advantage of this possible tax-free opportunity. Of course, discuss this with your CPA or tax accountant to confirm the benefits of this program.