Here is how it works: If you are 70½ or older, you can make a gift of up to $100,000 from your IRA to the Tri-City Hospital Foundation and at the same time meet your annual minimum required distribution (MRD.) By making an IRA charitable rollover gift, you are able to avoid federal taxes on the IRA distribution while supporting our charitable mission. Just contact your IRA custodian bank or brokerage firm and request an IRA charitable distribution form. The rest is easy.
If you have any questions, please contact Glen Newhart, Foundation President, at NewhartGW@tcmc.com or call (760) 940-3520.
Thank you for your generous support.