Charitable Gift Annuities

If you would like to receive a tax deduction while making a gift that pays you an income for life, consider giving a charitable gift annuity to Camino Health Center. A charitable gift annuity can be an easy way to donate to your favorite cause and receive passive income in exchange.

Here is a brief explanation of gift annuities

  • You make a gift of $25,000 or more to Camino Health Center
  • The gift is set aside in a reserve account by Camino Health Center and invested.
  • In exchange for the generous gift, you receive annual payments, for the rest of your life, at a significant payment rate and a charitable deduction as well.
  • For example: If you gave a gift of $100,000 at a payment rate of 6%, you would receive $6,000 annually for the remainder of your life. On top of this passive income stream, you would receive a significant income tax deduction.

    The content found on this site is general in nature and intended to be used for informational purposes only. The content on this page shouldn’t be relied upon as legal or accounting advice. It is recommended that you consult a qualified professional in order to determine how including Camino Health Center in your estate planning affects your finances.