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Gift illustration

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Complete gift description

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Gift example

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Deferred gift annuity

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Charitable Gift Annuities

How it works

You transfer cash or securities to Mercy Foundation.

Mercy Foundation pays you, or up to two annuitants you name, fixed payments for life.

The principal passes to Mercy Foundation when the contract ends.

Benefits

  • You receive an immediate income-tax deduction for a portion of your gift.
  • Your annuity payments are guaranteed for life, backed by Mercy Foundation's reserve and assets.
  • Your annuity payments may be treated as part ordinary income, part capital-gains income (15 percent), and part tax-free income, depending on the assets used to fund the annuity.
  • You can make a significant gift that benefits you now and Mercy Foundation later.

Consider a charitable gift annuity if you:

  • Want to make a significant gift to Mercy Foundation and receive lifetime payments in return
  • Are 65 years of age or older
  • Want to maximize the payments you receive from your planned gift and you want to lower your income tax on those payments
  • Want the security of payment amounts that won't fluctuate during your lifetime
  • Appreciate the safety of your payments being a general financial obligation of the institution

Related Links

More about charitable gift annuities
Gift example
Deferred charitable gift annuity
Charitable Gift Annuity Rates As of January 1, 2012

For assistance with this gift plan, please complete the request information form or contact Kevin Duggan at (916) 851-2703 or e-mail to Kevin.Duggan@DignityHealth.org.