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Charitable Gift Annuities A charitable gift annuity is a popular way to give that provides income to the donor. It is a contract between you and the Portneuf Health Care Foundation, whereby we pay you a fixed annuity for your life in exchange for an irrevocable interest in the funds remaining. These Annuities may also be timed so that payments won't begin until the income is needed, such as at retirement. Establishing a charitable gift annuity with a contribution of cash or securities will provide you (or your designee) with a fixed amount of annual income, as well as considerable tax benefits. Payouts are typically distributed quarterly and are based on the value of the assets at the time they are committed, as well as the age of the donor. Many times it is advantageous to use appreciated assets, such as appreciated stock, to create Charitable Gift Annuity. This will not only give you an immediate tax deduction, it will enable you to avoid a significant portion of the capital gain taxes that would be due through an outright sale of the stock. Additionally, a part of each income payment will be tax-free to you (or your beneficiary). Our staff can assist you in determining the most beneficial method of supporting the Medical Center, personalized to your needs and wishes. For more information on these or other gift vehicles, call (208) 239-2134 or e-mail shaunm@portmed.org. |
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Planned Giving Will Bequests Revocable Living Trusts Charitable Remainder Trusts Charitable Gift Annuities Charitable Lead Trusts Life Estates Life Insurance Retirement Assets  Back to Foundation |
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