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Charitable Gift Annuity
With a charitable gift annuity, you can make a gift and receive guaranteed payments for life.
![St. Joseph’s Hospitals Foundation logo](/clients/1180/logo.png)
How It Works
- You transfer cash or securities. Our minimum gift requirement is $25,000.
- You, yourself and a spouse, or any two beneficiaries you name, will receive fixed payments for life.
- Beneficiaries are recommended to be at least 65 years of age at the time of the gift.
- The remaining balance passes to St. Joseph’s Hospitals Foundation when the contract ends.
- You can also create a life income gift through your IRA. Discover more here.
Benefits
- Receive more income for your money because of higher rates.
- Receive dependable cash-flow for life, regardless of fluctuations in the market.
- In many cases, receive payments at a rate higher than the interest you are currently receiving on investments.
- Receive an immediate income tax deduction for a portion of your gift.
- A portion of your annuity payment will be tax-free for a number of years.
- Are you a younger donor? Consider a deferred gift annuity.
Next
- More detail on Gift Annuities.
- Frequently asked questions on Gift Annuities.
- Contact us so we can assist you through every step.
Contact Us
Planning your estate and legacy for future generations, including your charitable interests, takes careful evaluation. Consulting with the appropriate professionals can assist you.
Explore More Gift Options
Charitable Gift Annuity →
Give a gift of cash or stock, recieve income in return.
Deferred Gift Annuity →
Younger donors can make a gift and lower taxable income.
Charitable Remainder Unitrust →
Maximum flexibility over gift plan investment, benefits.
Charitable Remainder Annuity Trust →
Flexibility to manage your gift; security of stable income.