Required Minimum Distributions (RMDs)
If you are age 73 or older, one of the best ways to make a gift to Children’s Mercy is through qualified charitable contributions.
If you are 73 or older, you may be required to make a minimum distribution from your retirement plan account or incur a substantial fee. A gift to Children’s Mercy can satisfy this requirement while making a big impact for children and families in our community.
How it works:
- Children’s Mercy is a nonprofit children’s hospital serving 1 in 3 children in the Kansas City area and from across the region.
- By donating to Children’s Mercy, you are turning your required minimum distribution into a qualified charitable contribution.
- Qualified charitable contributions help provide tax savings and avoid penalties for your family.
- Your contribution ensures local families have access to the expert pediatric care they need. For children, your gift is a direct investment in their health and future wellbeing.
To learn more about how you can make an impact today, please contact Gift Planning at (816) 701-4339 or giftplanning@cmh.edu.
Five steps to completing a RMD
Before initiating a stock transfer, please email the following items to Mark Haas, Director of Gift Planning, at giftplanning@cmh.edu:
- Donor’s name and address.
- Purpose of gift, any restrictions or fund designations, and indicate if this is a payment on an existing pledge.
- Name, location, and telephone number of broker/agent transferring stock.
- Stock name, symbol, number of shares and expected date of transfer.
- Determine if gift is for immediate use (The Children’s Mercy Hospital: EIN# 44-0605373) or deferred use (The Children’s Mercy Hospital Foundation: EIN# 43-1564302).
Have you already remembered Children’s Mercy in your estate or will?
If you have Children's Mercy in your estate or will, please contact Michaela Norton at giftplanning@cmh.edu. We would like to thank you for your commitment, learn more so we can honor your wishes and invite you to be a part of our Legacy of Care group.