Give From Your IRA

A Tax-advantaged way to support healtcare close to home

Give From Your IRA

If you are 70½ or older, you may be able to make a charitable gift directly from your IRA to the Western Missouri Medical Center Foundation through a Qualified Charitable Distribution (QCD).

A QCD allows you to support the healthcare services, programs, equipment and patient care that matter to you while potentially providing important tax benefits.

Your gift can make a difference at WMMC today—and help ensure high-quality healthcare remains available in our community for generations to come.

Interested in Making an IRA Gift?

Getting started is simple:

1. Contact your IRA provider.
Ask about making a Qualified Charitable Distribution (QCD) directly to the Western Missouri Medical Center Foundation.

2. Request a direct transfer.
Your IRA provider can provide the necessary forms and instructions for sending your gift directly to the Foundation.

3. Let us know about your gift.
Contact the WMMC Foundation at (660) 262-7456 or [email protected] so we can properly acknowledge your generosity.

Why Consider an IRA Gift?

An IRA charitable gift can be a meaningful way to support WMMC while taking advantage of available tax benefits.

Support WMMC today.
Your gift can help provide the equipment, programs, services and resources needed to advance patient care.

Potentially satisfy your RMD.
Beginning in the year you reach age 73, a qualifying QCD may count toward all or part of your required minimum distribution (RMD), subject to applicable IRS rules.

Potentially reduce taxable income.
A qualifying QCD is generally excluded from federal taxable income, subject to applicable IRS rules and limitations. A QCD that is excluded from income generally cannot also be claimed as a charitable deduction.

Benefit without itemizing.
Because a qualifying QCD may be excluded from taxable income, you may receive a tax benefit even if you do not itemize deductions.

Who Can Make a QCD?

If you are 70½ or older, you may be eligible to make a QCD from your IRA to a qualified charitable organization such as the Western Missouri Medical Center Foundation.

Once you reach age 73, a qualifying QCD may also be used to satisfy all or part of your RMD.

QCD eligibility, annual limits and other requirements apply. Your IRA provider can help you determine whether your account is eligible and explain the process for making a direct transfer.

How Your Gift Helps

Your generosity helps the WMMC Foundation provide resources that strengthen healthcare in our community.

IRA gifts can help support:

  • Advanced medical equipment and technology
  • Patient care programs and services
  • Facility improvements and expansions
  • Innovative treatments and therapies
  • Other areas of greatest need at WMMC

You may also choose to designate your gift to an area that is especially meaningful to you.

Every gift helps WMMC continue providing high-quality care to our community.

Planning for the Future

You can also designate the Western Missouri Medical Center Foundation as a beneficiary of all or a percentage of your IRA. This allows your retirement assets to support WMMC after your lifetime.

Contact your IRA provider to request a beneficiary designation form and consider speaking with your financial or tax advisor about your options.

Important Information

The information provided on this page is for general educational and informational purposes only and is not intended to constitute legal, tax, investment or financial advice. Tax laws and regulations are subject to change, and individual circumstances may affect the tax treatment of an IRA charitable gift.

Before making a Qualified Charitable Distribution or designating the Western Missouri Medical Center Foundation as an IRA beneficiary, consult with your IRA administrator, tax advisor, financial advisor or attorney to determine whether an IRA gift is appropriate for your individual circumstances and to ensure all applicable requirements are met.

The Western Missouri Medical Center Foundation does not provide tax, legal or financial advice and cannot guarantee any particular tax benefit or treatment.

Every gift helps WMMC continue providing high-quality care to our community.

A Gift That Makes A Difference

Your IRA can do more than provide for your future. It can help provide the resources WMMC needs to deliver exceptional healthcare to our community today and for generations to come.

Have Questions?

Our Foundation team is happy to help you learn more about IRA giving.

WMMC Foundation Office
Phone: (660) 262-7456
Email: [email protected]

Gift Information

Legal Name: Western Missouri Medical Center
Address: 403 Burkarth Rd., Warrensburg, MO 64093
Federal Tax ID: 44-0665266

Charitable donations to the Western Missouri Medical Center Foundation are made to a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code.