Gift From Your IRA

Hospitals for Humanity offers a unique opportunity for individuals aged 70 and a half years or older to make a significant impact through IRA charitable contributions. 

By donating directly from your Individual Retirement Account (IRA), you can support our goal of providing essential medical care to underserved communities while benefiting from tax advantages.

Why IRA Gifting?

  • Tax Benefits: Donations made directly from your IRA to HFH can be excluded from your taxable income, potentially reducing your tax liability.
  • Required Minimum Distributions (RMDs): Satisfy your Required Minimum Distributions (RMDs) while supporting a cause you care about. IRA charitable contributions count towards your RMDs.
  • Simplicity and Efficiency: Direct IRA donations are a straightforward way to contribute, making it easy to support HFH’s work.
  • Immediate Impact: Your contribution provides immediate support to our programs, helping us deliver critical medical care and build sustainable healthcare solutions.

How IRA Gifting Works

  • Eligibility: You must be seventy and a half years or older to make a Qualified Charitable Distribution (QCD) from your IRA.
  • Direct Transfer: Instruct your IRA custodian to make a direct transfer from your IRA to HFH. The funds must be transferred directly to qualify for tax benefits.
  • Contribution Limits: You can donate up to $100,000 per year from your IRA without having to pay income taxes on the distribution.
  • Notify HFH: Let us know about your IRA gift so we can ensure your contribution is properly acknowledged and directed to the programs that matter most to you.

HOW TO GIFT HFH FROM YOUR IRA

  • Contact Your IRA Custodian: Reach out to your IRA custodian to initiate a Qualified Charitable Distribution (QCD) to HFH. Provide them with our legal name, address, and tax identification number (TIN).
  • Provide HFH’s Information: Contact us for more details.
  • Inform HFH: Once you’ve arranged the transfer, notify us via email or call. This helps us track your gift and provide appropriate acknowledgment.
  • Receive Confirmation: We will confirm receipt of your IRA donation and provide you with the necessary documentation for your tax records.
Waiting List

SAVE A LITTLE HEART TODAY

1000+ Children on our waiting list need you!

Currently, we maintain a rotating list of over 1000 children in our database who have tested positive for Congenital Heart Defects (CHD) and urgently require open-heart surgery. This list is dynamic, as sadly, at least one child on our list passes away each week.