When you establish a Charitable Gift Annuity with Paoli Hospital, with a gift of cash or marketable securities, our Hospital agrees to pay you (and, if desired, another beneficiary) a fixed income for life. The annuity rate (which is based on the age of annuitants) determines the annual amount paid to each annuitant. After the lifetimes of the annuitants, the funds are available to support the needs of Paoli Hospital.
Following are the current rates of return on Charitable Gift Annuities funded with Paoli Hospital. If you would like to discuss funding a Charitable Gift Annuity, please call Christine DeBonis, Director of Development, at 484-565-1688.
Current charitable gift annuity rates for single-life annuitants:
Age 65. . . . . . 6.0%
Age 70. . . . . . 6.5%
Age 75. . . . . . 7.1%
Age 80. . . . . . 8.0%
Age 85. . . . . . 9.5%
90 and over . .11.3%
Benefits of charitable gift annuities include:
A fixed lifetime income for yourself and/or another annuitant
An immediate income tax deduction and capital gains tax savings
In most cases, part of each annuity payment you receive is tax-free
If you and/or your spouse are the only beneficiaries, the value of the annuity may qualify as a marital deduction and may not be taxed in your estates
You will be providing a future significant gift to our Hospital
Paoli Hospital Ways to Give
255 W. Lancaster Ave.
Paoli, PA 19301
For more information, call 1.866.CALL.MLH.