Charitable Gift Annuity
A charitable gift annuity is a simple agreement between you and DHMC. In exchange for your gift of cash, securities, or other assets, DHMC agrees to pay one or two people a fixed income for life. After that time, DHMC will apply the remaining annuity balance to the program or service of your choice. Additionally, you will receive a charitable income tax deduction in the year you make the gift.
After the income recipients have passed away, the remaining annuity balance will be used to support patient care, research programs, medical education, or other programs or services specified by you.
Charitable Gift Annuity Features
- Guaranteed fixed income for life
- Partially tax-free income
- Charitable tax deduction in the year you make the gift
- Cash or appreciated assets may be gifted
- Income for one or two lives
Types of Charitable Gift Annuities
- Immediate gift annuities begin paying a guaranteed, fixed quarterly income immediately to one or two people for life.
- Deferred gift annuities allow you to delay receiving income payments until a future date of your choice. Each year the income is deferred, the starting income amount increases. Once income payments begin, they remain fixed for life.
Create your own Gift Annuity presentation 
For more information, e-mail the DHMC Office of Gift Planning or call us toll free at (866) 272-1955.
