Charitable Gift Annuities

Donors can receive tax-free income with fixed annual payments for life as well as a tax receipt for a portion of their gift when they donate a charitable gift annuity. A donor may give a donation of cash to purchase an annuity. Using a donor’s capital, the MUHC Foundation purchases a life annuity and becomes its owner; any amount exceeding that required to produce the donor’s lifetime income based on the annuity cost will go to the MUHC Foundation.