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The IRA Gift (QCD)

One Donor. Many Ways to Make an Impact.

Your donation makes it possible to help all people who come to us for life-saving, life-changing medical care. To provide the latest disease-fighting technology. To offer programs in our community that you and your neighbors depend on for good health. That's the difference you can make. 

Donate Today to a Cause You Care About

Give directly from your IRA

Learn more about the benefits of a Qualified Charitable Distribution.

Your IRA can provide a tax-smart way to make an impact with Bon Secours Mercy Health Foundation now. The Qualified Charitable Distribution or QCD (sometimes called an “IRA Charitable Rollover”) is a great way to make a tax-free gift now to BSMH Foundation and satisfy your Required Minimum Distribution (RMD), too.

How do I qualify?

The Qualified Charitable Distribution (QCD) offers multiple benefits for making gifts from your IRA.

  • You must be 70½ years or older at the time of the gift.
  • Gifts must go directly from your IRA to BSMH Foundation.
  • For 2024, total QCD gifts cannot exceed $105,000 per donor.

Benefits of Qualified Charitable Distribution

  • If you don’t itemize your income tax deductions, a QCD offers all of the benefits of an itemized income tax charitable deduction
  • If you are age 73 or older and must take a Required Minimum Distribution RMD, a QCD gift can satisfy your RMD without increasing your income taxes.
  • You may direct your gift to a program or area of your choice.
  • It is a wonderful way to create an immediate impact on BSMH Foundation.

How can I make an IRA charitable rollover?

Contact your IRA administrator to request a Qualified Charitable Distribution from your IRA to BSMH Foundation.