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Charitable Gift Annuity

A charitable gift annuity is a gift made to New England Baptist Hospital that will provide you with a secure source of fixed payments for life.

Charitable Gift Annuity
Stock or Cash
Gift Annuity
Donor
NEBH
Charity image

Benefits of a charitable gift annuity

  • Fixed payments made to you or another beneficiary of your choosing
  • Receive an income tax deduction.
  • Benefit from payments that may be partially tax-free
  • Further the mission of New England Baptist Hospital with your gift

How a charitable gift annuity works

A charitable gift annuity is a way to make a gift to support New England Baptist Hospital.

  1. You transfer cash or property to New England Baptist Hospital.
  2. In exchange, we promise to make fixed payments to you for your lifetime. The payment can be quite high depending on your age, and a portion of each payment may be tax-free.
  3. You will receive a charitable income tax deduction for the gift portion of the annuity.

If you decide to fund your gift annuity with cash, a significant portion of the annuity payment will be tax-free. You may also make a gift of appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax. Please contact us to inquire about other assets that you might be able to use to fund a charitable gift annuity.

Contact us

If you have any questions about charitable gift annuities, please contact us. We would be happy to assist you and answer your questions.

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