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.
There's a way for you to support Mercy Home for Boys & Girls 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 further our work. You can also receive a variety of tax benefits, including a federal income tax charitable deduction.
Gifts That Pay
Your payments depend on your age at the time of the donation. If you are younger than 60, we recommend that you learn more about your options and download this .
An Example of How It Works
Dennis, 66, and Mary, 65, want to make a contribution to Mercy Home 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 4.8 percent, which means that they will receive $960 each year for the remainder of their lives. They're also eligible for a federal income tax charitable deduction of $3,863* when they itemize. Finally, they know that after their lifetimes, the remaining amount will be used to support our mission.
*Based on annual payments and a 2.4 percent charitable midterm federal rate. Deductions vary based on income earned. Actual gift annuity rates may vary.