Like retirement plan assets, commercial annuities provide for tax-deferred growth while the owner is living. Because distributions from commercial annuities are subject to income taxes, they are often considered among the best assets to leave to charity. Due to our tax-exempt status, Le Bonheur Children's Hospital can receive your commercial annuity completely tax-free. The best way to give a commercial annuity in support of our work after your lifetime is to name us as beneficiary.
Making this gift is as simple as updating your beneficiary form with your bank or insurance company. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn’t survive you.
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 FREE guide Plan for Retirement With a Deferred Gift Annuity.View My Free Guide
Prepare for the Future
Create a secure plan for you and your loved ones with our FREE Personal Estate Planning Kit.Download My Kit
- Contact Cathy Wilson at 901-287-5575 or firstname.lastname@example.org for additional information on commercial annuities.
- Seek the advice of your financial or legal advisor.
- If you include Le Bonheur Children's Hospital in your plans, please use our legal name and federal tax ID.
Legal Name: Le Bonheur Children's Hospital Foundation
Address: P.O. Box 41817, Memphis, TN 38174-1817
Federal Tax ID Number: Please contact us for our federal tax ID number.