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Published on April 03, 2012

Planned Giving Corner: Establish a Charitable Gift Annuity

If you want to impact the future of healthcare, increase your cash flow and save on taxes, contact Stephen P. Sullivan, vice president and executive director of Foundations, about establishing a Charitable Gift Annuity (CGA).

You, the “donor,” can donate cash, securities or other property to the Foundation. The Foundation will then provide you – as the “annuitant” or “beneficiary” – a predetermined payment for the duration of your life. For each CGA, there may be a total of two “annuitants” or “beneficiaries,” including yourself. The Foundation will receive the remaining balance at the completion of the contract.

For more information, contact Sullivan at (610) 447-6311 or stephen.sullivan@crozer.org. More information is also available at http://give.crozer.org.

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