Providence House

Donating Retirement Assets

If you are over the age of 70.5, you may be eligible to use your retirement assets in the form of IRAs to benefit the children and families at Providence House!

Making a Qualified Charitable Distribution (QCD), also known as an IRA Charitable Rollover, has multiple benefits.

Through this type of gift, you will:

  • Meet the Required Minimum Distribution (RMD) amounts set by the IRS for your tax-deferred retirement accounts
  • Reduce your taxable income
  • Maximize your gift’s impact by providing a tax-free gift of up to $100,000 per year to Providence House 

You can direct a QCD gift or designation by working directly with your financial advisor or account custodian to set up the amount and schedule of distribution to Providence House.

Once you have completed these steps, we would love to hear from you so we can thank you directly for your generosity! Please contact us at 216.651.5982 or