Charitable Gift Annuity

Gifts That Pay You Income

There's a way for you to support Boston Children's Hospital and feel confident that you have dependable income in your retirement years. You can do this with a charitable gift annuity.

With a charitable gift annuity you agree to make a gift to Boston Children's and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life. The balance is used to help sick children from your town and around the world.

This type of donation can provide you with regular payments for life and allow Boston Children's to provide answers for kids and their families. You can also qualify for a variety of tax benefits depending on how you fund your gift.

If you fund your gift annuity with cash or appreciated property, you qualify for a federal income tax deduction if you itemize. In addition, you can minimize capital gains taxes when you fund your gift with appreciated property.

And now, you can fund your gift using your IRA assets. If you are 70½ and older, you can make a one-time election of up to $53,000 to fund a gift annuity. While your gift does not qualify for an income tax deduction, it does escape income tax liability on the transfer and count toward all or part of your required minimum distributions.

See My Benefits

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 Deferred Gift Annuities: Plan Now, Benefit Later.

See How It Works

Payments for Life

Learn more about the many benefits of a charitable gift annuity in our FREE guide Charitable Gift Annuities: Gifts That Give Back.

Next Steps

Contact the Office of Planned Giving at (857) 218-3527 or Planned.Giving@chtrust.org for additional information on charitable gift annuities or to chat more about the personal benefits of creating an annuity with Boston Children's.
Seek the advice of your financial or legal advisor.
If you include Boston Children's in your plans, please use our full legal name and tax ID number.

Legal name: Children’s Hospital Corporation
Address: 300 Longwood Avenue, Boston, MA 02115
Federal tax ID number: 04-2774441

An Example of How It Works

Couple smiling Dennis, 75, and Mary, 73, want to make a contribution to Boston Children's to support sick children, but they also want to ensure that they have dependable income during their retirement years. They fund a $25,000 charitable gift annuity with appreciated stock that they originally purchased for $10,000.

Based on their ages, they will receive a payment rate of 6.0%, which means that they will receive $1,500 each year for the remainder of their lives. They’re also eligible for a federal income tax charitable deduction of $8,792* when they itemize.

*Based on a 5.2% charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.

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