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Make a Gift From My IRA

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IRA Charitable Rollover

You may be looking for a way to make a big difference to help further our mission. If you are 70½ or older, an IRA charitable rollover is a way you can help continue our work and benefit this year.

IRA Charitable Rollover
IRA (Custodian)
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Benefits of an IRA charitable rollover

  • Avoid taxes on transfers of up to $105,000 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 an IRA charitable rollover gift works

  1. Contact your IRA plan administrator to make a gift from your IRA to us.
  2. Your IRA funds will be directly transferred to our organization to help continue our important work.
  3. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
  4. Please contact us if you wish for your gift to be used for a specific purpose.

Contact us

Please note that the Mercy Medical Center, Cedar Rapids, Iowa, Endowment Foundation (Mercy Foundation) is a legal 501(c)(3) and is also a type II supporting organization - 509(a)(3). Current legislation governing charitable distributions from an individual's IRA does not allow the gift to be made directly to a supporting organization.

With IRA charitable distributions only, checks must be made payable to Mercy Medical Center, also a 501(c)(3), not the Foundation.

Your donation will be received by the hospital and then transferred to the Foundation. If you or your advisor have any questions about IRA giving, please contact the Mercy Foundation at 319-398-6206.

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Please let us know if you have already included Mercy Medical Center Foundation as a beneficiary of your retirement assets.
We would like to thank you and recognize you for your gift.