Other Ways to Give

Charitable IRA Rollover, also called a Qualified Charitable Distribution (QCD)

If you are age 70 ½ or older consider making a tax-free gift from your IRA (Individual Retirement Account) today to Cleveland Hearing & Speech Center

Here's how:

• You must be age 70 ½ or older at the time of the gift.
• Funds must transfer directly from your IRA to Cleveland Hearing & Speech Center.
• The transfer does not generate taxable income or a tax deduction. You benefit even if you do not itemize your tax deductions.
• You can exclude up to $100,000 from your taxable income.
• If you haven't taken your required minimum distribution for the year, a roll-over gift can satisfy all or part of that requirement.

You can make gifts of any amount up to $100,000 before December 31, 2024 directly from your IRA to Cleveland Hearing & Speech Center. Thank you for keeping our services accessible to all Northern Ohioans, free of financial barriers.

For more information, contact Debbie Dey, Major Gifts Officer at ddey@chsc.org or 440-781-0932.

This material is not intended to replace the advice of a qualified tax advisor, attorney, and accountant, or insurance advisor. Consultation with the appropriate professional should be done before any financial commitments regarding the issues related to the situation are made.