Individual Retirement Account Giving

Federal law allows people age 70½ or older to make direct transfers up to $100,000 per year per person to charitable organizations from their Individual Retirement Account (IRA), without the withdrawal being treated as taxable income. The withdrawal can be counted toward your Required Minimum Distribution.

It is wise to consult with your tax professional if you are contemplating making a charitable rollover gift from your IRA account.

Contact us

Let's discuss your gift intention and how you can support CommonSpirit Health Foundation.

Telephone: 312.741.7000

Email: philanthropy@commonspirit.org