Charitable Gift Annuities
In exchange for a minimum donation of $10,000, Hope Hospice will provide you with high interest rates and a guaranteed income for the rest of your life. A charitable gift annuity is appropriate for those older than 65.
Complete a simple form for a customized illustration. With this report, you can see exactly how a Charitable Gift Annuity works. We encourage you to share this information with your financial advisor.
Benefits of a Charitable Gift Annuity
1. High Interest Rates
Our interest rates are higher than other financial instruments. Rates depend on your age. For example, the current rate for someone 75 years old is 5.8%.
2. Relief from Taxes
Part of your contribution is considered a charitable gift by the IRS, and you will receive an income tax deduction. You will also be able to claim part of the annuity payment as tax-free income.
3. Fixed Income
Your interest rate will be locked in at the time of your gift. That can mean a lot in uncertain times. Payments arrive every quarter, either by check or direct deposit.
4. Lifetime Benefit
Gift annuities are for life. No matter what your age or how long you live, your payments will continue.
About Hope Hospice Gift Annuities
Hope Hospice stands behind all of our gift annuities with the full financial assets of our organization. Gift annuities remain in a trust account, and Hope has a reserve fund set aside to meet our obligations. Your payments will always continue without fail.