Qualified Charitable Distribution (IRA Charitable Rollover)

For Those 70 ½ and Older: You Can Make a Leadership Gift to Support Montefiore with a Current Gift From Your IRA

You can request a transfer directly from a traditional IRA to Montefiore. All you need to do is let your IRA administrator know to complete a transfer at whatever amount is right for you.

Be sure to arrange for the transfer in time for the close of the tax year. We suggest reaching out to your IRA administrator by December 15th.

Tax and Other Benefits

• You can donate up to $105,000 annually from your traditional IRA. The distribution is excluded from your adjusted gross income, so not only does it benefit Montefiore, but you also pay less in income tax.
• The transfer counts towards your required minimum distribution for the year in which you made the gift, and you pay no tax on the withdrawal.
• Your gift supports Montefiore's commitment to health equity, scientific discovery, and the education of compassionate and diverse leaders in health and science.

To find out more or to share your intention, contact Dorea Ferris, Senior Director of Planned Giving at dorea.ferris@einsteinmed.edu or call her at (718) 430-3594.