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A baby holds their mother's hand.

Give from Your IRA

A baby holds their mother's hand.

Support Children's National Hospital through your IRA, save on taxes and help kids today.

What to know

  • If you're age 70.5 or older, you can give up to $100,000 per year directly from your IRA — tax-free
  • If you're age 59.5 or older, you can take a distribution and make a gift from your IRA without penalty. If you itemize your deductions, you can take a charitable deduction for your gift
  • When you turn 73, you can use a gift from your IRA to satisfy all or part of your required minimum distribution (RMD). 
  • No matter your age, you can designate Children’s National as the beneficiary of all or a percentage of your IRA. It will distribute the gift tax-free after your lifetime

How it works

  • IRA administrators have different procedures for direct transfer requests. They might need an online form or request a letter from you. If your IRA administrator requires a letter, please contact Tamara Sperling at [email protected]
  • Once you contact your IRA administrator, instruct them to include your name on the check that they send to Children’s National Hospital 
  • Inform us of your gift so that we make the correct gift designations and thank you
  • The distribution must clear the IRA account by Dec 31, 2024 for your donation to count for 2024

Please contact Tamara Sperling at [email protected] for more information.

The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor to determine what is best for your personal circumstances.