IRA Charitable Rollover

If you are 70 1/2 or older and would like a way to lower the income and taxes from your IRA withdrawals, in addition to making a gift that would make a difference for our patients and their families, the IRA Charitable Rollover may be of interest to you.

Benefits of the IRA Charitable Rollover:

  • Reduce your taxable income, even if you do not itemize on your tax return
  • Avoid taxes on transfers of up to $100,000 from your IRA directly to Spectrum Health Foundation and/or Helen DeVos Children’s Hospital Foundation
  • Satisfy your annual required minimum distribution (RMD)
  • Make a meaningful impact on patients and families served at Spectrum Health and Helen DeVos Children's Hospital

 How the IRA Charitable Rollover process works:

  • Contact your IRA administrator and request to make a gift from your IRA to Spectrum Health Foundation and/or Helen DeVos Children’s Hospital Foundation
  • IRA assets must be transferred directly to the foundation from the IRA custodian, such as a bank or mutual fund
  • Please remember that IRA rollover gifts do not qualify for a charitable tax deduction
  • If you would like your gift to be designated to a specific area or program, please contact our planned giving team.