Published on May. 29, 2026
A qualified charitable distribution from an IRA (also known as an IRA rollover gift) is a well-established and popular way to give. If you are age 70 ½ or older, you can make an IRA rollover gift directly to MemorialCare Orange Coast Medical Center to help us fulfill our mission of providing quality and compassionate care to our community.
How It Works
- IRA Rollover Benefits: By directing a transfer from your IRA to a qualified charity, the gift counts towards your required minimum distribution (RMD) if one is due, and no income tax is due on a transferred amount up to $111,000.
- Charitable Gift Annuity: In addition, you can make a one-time, tax-free distribution up to$55,000 from your IRA to create a new charitable gift annuity (CGA), thereby creating an income stream for you and your spouse.
- Who Benefits: Whether you want to make a gift of $100, $1,000 or $111,000, this is a simple, effective way to make a difference, meet your annual distribution requirements and enjoy tax benefits.
- The Next Step: Consult your financial advisors to see whether a gift from your IRA is right for you. If it is, contact your IRA custodian to request a qualified charitable distribution.
Contact Us to Learn More
Michael G. Crvarich, CPA
Executive Director, Legacy Giving
MemorialCare Orange County Region