Charitable IRA Rollover The IRA charitable rollover is a great way to make a tax-free gift.
The IRA charitable rollover is a wonderful way to make a tax-free gift that supports healthcare in our community. To make a qualified charitable distribution from an IRA, donors must be 70½ years or older at the time of the gift. The gifts must be made directly from the IRA to Valley County Health System Foundation. A rollover gift from an IRA is particularly beneficial for individuals who:
do not want to take the required minimum distribution,
cannot use all of their charitable deductions in a tax year,
do not itemize charitable deductions.
To take advantage of this unique giving opportunity, donors should make a request to their IRA plan administrator, asking that a distribution be made payable to Valley County Health System Foundation. If you need additional information or advice regarding this type of gift, please contact our office at 308-728-3011 or email [email protected]. The appropriate beneficiary designation for an IRA gift is "Valley County Health System Foundation."
