Posted on

Maximize Your Impact: Support Local Healthcare with an IRA RMD Contribution

A glass jar filled with coins, wrapped with a red ribbon and topped with a gold bow, symbolizing charitable giving. The background features soft, golden lights, creating a warm and festive atmosphere
Maximize Your Impact: Support Local Healthcare with an IRA RMD Contribution
Support Monadnock Community Hospital with a Qualified Charitable Distribution (QCD)

Learn How to Use Your IRA RMD for a Tax-Smart Donation That Benefits Our Community

If you are age 70-1/2 or older and required to take a distribution from your IRA, consider making a charitable contribution to Monadnock Community Hospital through a Qualified Charitable Distribution (QCD). A QCD allows you to donate part or all of your Required Minimum Distribution (RMD) directly to MCH, offering a simple and tax-effective way to support the health and well-being of our community.

How Does a QCD Benefit You and Your Community?

By making a QCD, you can reduce your taxable income, as these donations count toward your RMD but are not taxed as income. This makes it easier to meet your financial obligations while also giving back. Your gift helps fund vital healthcare services, allowing Monadnock Community Hospital to continue providing accessible, high-quality care to those who need it most.

Make an Impact in Your Community

Every contribution makes a difference. When you choose to donate through your IRA RMD, you’re not just saving on taxes—you’re ensuring that essential services remain available for your neighbors, friends, and family. From supporting emergency care to enabling preventative health programs and innovative treatments, your donation directly impacts the well-being of those we serve.

The Process Is Easy

Getting started with a QCD is straightforward: simply contact your IRA administrator and request that part or all of your RMD be sent directly to Monadnock Community Hospital. This way, you can focus on the joy of giving back without worrying about complex paperwork or extra steps.

If you aren’t dependent on your IRA for income this year, please consider using your RMD to make a meaningful contribution. Your support ensures that Monadnock Community Hospital can continue to fulfill its mission of improving the health and well-being of our community. For more information, contact Laura Gingras, Vice President of Philanthropy and Community Relations, at (603) 924-4666.

Give Now