Current Gift from Your IRA

Donors age 70½ or older are eligible to transfer up to $100,000 per person, per year, from their IRAs directly to Kindervelt without having to pay income tax on the gift.

 

Make a tax-free gift from your IRA to Kindervelt

To qualify:

  • You must be 70½ or older and have an IRA.
  • You must make a direct transfer from your IRA to Kindervelt of Cincinnati Children’s.
  • You can donate any amount up to $100,000 a year.
  • Your gift must be outright and cannot fund a gift annuity or charitable trust.
  • IRA gifts count toward your required minimum distribution (RMD).
  • You will pay no income tax on the gift.

 

It’s easy!

Take these steps:

  • Consult with your professional advisor.
  • Notify your IRA administrator to request a “qualified charitable distribution” (QCD) to “Kindervelt of Cincinnati Children’s Hospital Medical Center” for a specific amount.
  • If you have any questions or would like a sample IRA letter for your administrator, contact Suzanne Rohlfs at (513) 636-1192 or [email protected].

 

Tax Identification Number is 31-0833936.

 

Please send check to:

 

Suzanne M. Rohlfs, J.D., CAP®

Director, Gift Planning

Cincinnati Children’s Hospital Medical Center

3333 Burnet Avenue, MLC 9002

Cincinnati, OH  45229