MAKE A GIFT THAT GENERATES INCOME DURING YOUR LIFETIME
GIVE THROUGH A CHARITABLE GIFT ANNUITY
(GIFT RANGE $10,000 TO $100,000)
With a Charitable Gift Annuity, you make a gift now to Livingston HealthCare
Foundation and enjoy fixed annuity payments during your lifetime. There
are details to be considered, so please consult with your own attorney
and/or tax advisor before you decide what method of giving is right for
Barbara is retired and living off her retirement assets and investment
income. She wants to make a gift to Livingston HealthCare Foundation but
does not want to reduce her current income. She has a certificate of deposit
(CD). Barbara funds a gift annuity through Livingston HealthCare Foundation
with the proceeds from her CD that will be maturing soon. She receives
fixed annuity payments for life and Livingston HealthCare receives the
remainder at the end of life. Barbara helps herself earn income while
donating to Livingston HealthCare Foundation.
A charitable gift annuity allows you to receive:
- A significant income-tax charitable deduction in the year of your gift
- An annuity rate which could be competitive with the rate of many fixed
- Capital-gains savings when appreciated assets are contributed to the fund annuity
- Payments that are partially tax-free (in most instances)
- The choice of immediate or deferred payments (such as upon your retirement)
- Can be eligible for the Montana Endowment Tax Credit
Please note, under government rules, a contribution for a gift annuity
is irrevocable and the principal you contribute cannot be returned. Common
assets given through charitable gift annuities are cash, securities and
mutual funds with a value of at least $10,000 and payments can begin at
age 60 or later.
For More Information
For more information on supporting Livingston Healthcare Foundation through
a planned gift, please contact LaNette Jones at (406) 823-6291) or by
email at lanette.jones@LHCFoundation.org. Livingston Healthcare Foundation
is a fully qualified 501(c)3 charitable organization under IRS regulations.
Donations are tax-deductible to the fullest extent provided by law.