Gifts That Pay You Income for Life
You Give. You Receive.
Payments for Life
Learn more about the many benefits of a charitable gift annuity in our FREE guide Strengthen Your Future With a Charitable Gift Annuity.View My Guide
There's a way for you to support your favorite MultiCare foundation or program and feel confident that you have dependable income in your retirement years. You can do this with a charitable gift annuity.
This type of donation can provide you with regular payments and allow us to provide high-quality patient care in our community for generations to come. You can also qualify for a variety of tax benefits, including a federal income tax charitable deduction when you itemize.
Delay Your Payments.
If you are younger than 60 or don't need your payments immediately, you can set up a deferred deferred gift annuity. This allows you to delay receiving payments until a later date — such as when you reach retirement. To learn more, download the FREE guide Plan for Retirement With a Deferred Gift Annuity.
An Example of How It Works
Dennis, 66, and Mary, 65, want to make a contribution to the MultiCare Health Foundation but they also want to ensure that they have dependable income during their retirement years. They establish a $20,000 charitable gift annuity.
Based on their ages, they will receive a payment rate of 4.5 percent, which means that they will receive $900 each year for the remainder of their lives. They're also eligible for a federal income tax charitable deduction of $6,129* when they itemize. Finally, they know that after their lifetimes, the remaining amount will be used to support the patients and communities we serve.
*Based on annual payments and a 3.2 percent charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.
See How It Works
Calculate Your Benefits
Submit a few details and see how a charitable gift annuity can benefit you.
Make Your Annual Gift Last Forever
Each year we rely on your gift, along with many others, to help us meet our goals and make a difference in the lives of others. To ensure that our programs and funding do not suffer, please take time now to consider leaving an endowed gift—a generous statement that will truly last forever.
|If your annual gift is:||Perpetuate it by giving:*|
*At a 4 percent endowment spending level, 25 times an annual gift amount equals an endowed perpetual gift.
Ready for Next Steps?
- Contact Frank J. Colarusso, Gift Planning Manager, at 253.403.1262 or firstname.lastname@example.org or Shelley J. Buck, Planned Giving Manager, at 253.403.3093 or email@example.com for additional information on charitable gift annuities or to chat more about the personal benefits of creating an annuity with Good Samaritan Foundation, Mary Bridge Children's Foundation, MultiCare Health Foundation or South King Health Foundation.
- Seek the advice of your financial or legal advisor. (Need an advisor? Look here for advisors familiar with MultiCare foundations and services.)