A statement by Columbia Records says "Christmas in the Heart" will be released Oct. 13. Dylan's U.S. royalties will go to the organization Feeding America. It's estimated that will help feed 1.4 million families during the holidays.
The 68-year-old singer says it's a "tragedy" that people go to bed hungry, and he hopes he can bring "food security" to people in need.
Dylan also plans to donate all his future international royalties to charities overseas.