Gift Annuities:

• A gift annuity is a simple, contractual agreement between the donor and Marietta Memorial Hospital in which you transfer assets to us in exchange for our promise to pay one or two annuitants payments for life.
  
  
• By donating through a gift annuity, you: (1) contract for a fixed payment for yourself or yourself and another individual, and (2) make a gift to Marietta Memorial.  If you itemize deductions on your tax return, savings from the charitable deduction reduces the net cost of the gift.
  
  
• An annuity funded with appreciated property results in these additional advantages: (1) the gain allocated to the gift portion completely avoids the capital gains tax, and (2) the portion of gain recognized can be spread over the expected term of the contract (provided that the donor is a primary annuitant and the annuity interest is assignable only to the charitable organization.)
  
  
• With a deferred payment gift annuity, the start of payments is delayed until a specific date, initially determined by the donor.  Deferral of payments increases the initial charitable deduction, tax savings and the annuity rate.  The option is appealing to younger donors who wish to improve future income, such as retirement.

If you plan to make a charitable gift by will, think it through carefully.  Then, meet with your attorney to discuss and update your will.  Tell him or her exactly what you want to do.  Be as clear as possible in describing what you want given to whom.

Let us Know

We hope you'll tell us when you have named Marietta Memorial Health Foundation in your will.  We would appreciate the opportunity to thank you for your generosity.