Ways to Give: IRA Charitable Rollover

Many donors find that an IRA charitable rollover provides an excellent vehicle for making their gifts to Mount Carmel. If you are 70½ or older you qualify.

How to Make an IRA Charitable Rollover Gift

• Contact your IRA plan administrator to make a gift from your IRA to us. Mount Carmel Health System is a qualified 501c3 charity, EIN# 31-1439334. Please request the investment firm include your name with the check and mail it to:

  Mount Carmel Foundation 
  5955 East Broad Street 
  Columbus Ohio 43213

• It is also helpful if you notify us to be expecting the contribution and from which investment company.
• Your IRA funds will be directly transferred to us to help further our important life-changing work.
• Please note that IRA charitable rollover gifts do not qualify for a charitable deduction on your tax return.
• Please contact us if you wish for your gift to be used for a specific purpose.

Benefits of an IRA Charitable Rollover

• Avoid taxes on transfers of up to $100,000 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 IMPACT patients’ lives!