Charitable IRA Rollover Gifts

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Learn more about the Charitable IRA Rollover Gift.
A wonderful way to make a year-end gift and support Mercy’s vital work in our local communities.

If you are 70 1/2 or older, the IRA rollover is a great way for you to make an IRA rollover gift to support the causes you care about. IRA rollover gifts can make a huge difference. These gifts will help sustain us in our important work. Here are some details about the IRA rollover:

  • The IRA rollover allows donors 70½ or older to transfer up to $100,000 directly from their IRA to charity each year.
  • An IRA rollover gift is a tax-exempt distribution. Qualifying individuals can make charitable gifts using pre-tax IRA assets rather than taking a distribution, paying income taxes and using after-tax assets to make a charitable gift.
  • An IRA rollover gift can be used to meet all (up to $100,000 per year) or part of an IRA required minimum distribution (RMD).
  • It is easy to make an IRA gift to Mercy Foundation, please contact Mercy Foundation and your plan administrator for details. Arrangements will be made to directly transfer your IRA funds from your plan administrator to Mercy Foundation to benefit the initiative of your choice.

Click here to be directed to our webpage with more information and documents about charitable IRA rollover gifts.

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