A gift that matters for your future and ours
Our commitment is to provide excellent health care in our communities for generations to come. When the time is right for you to consider ways to support St. Joseph Hospital, the charitable gift annuity is an option worth remembering.
Favorable points in choosing a charitable gift annuity:
- In these uncertain times this is a low risk investment, providing a guaranteed fixed income stream to you.
- There is an immediate tax deduction.
- Because of historic low interest rates, a large part of the annuity payment to you is tax free.
In exchange for your gift, St. Joseph Hospital agrees to pay lifetime income to you and/or someone else. Your gift supports our work and provides retirement income for you and/or someone you love.
Example: Barbara, 75, makes a gift of $25,000 to set up a charitable gift annuity. We will pay Barbara $1,450 each year for the rest of her life. The gift qualifies for a deduction of $9,863 if Barbara itemizes.*
*AFR of 0.8%.