Charitable Gift Annuity

• Provides a fixed income for the lifetime(s) of one or two annuitants.
• Amount paid determined by the rates recommended by the American Council on Gift Annuities.
• The older the annuitant, the higher the level of income.
• Portion of gift and income are tax deductible. a 

Deferred Gift Annuity

• Offers increased income and tax benefits.
• All basic features and benefits of a gift annuity.
• Income delayed until a future date chosen by donor.
• Rate of return and tax deduction dependent on length of income delay.

 Life Income Trusts

• Trust assets are funds or property contributed by donor (usually $100,000 or more).
• Flexibility in type of property that can be donated.
• Real estate and municipal bonds may be used.
• Provides a fixed amount of income (Charitable Remainder Annuity Trust).
• Provides a variable level of income (Charitable Remainder Unitrust).  

Charitable Lead Trust

• Donor provides assets for use for a limited period of time.
• Funds are invested to provide income to Immanuel St. Joseph 's - Mayo Health System.
• Assets returned to donor or to estate at end of designated period.
• Can fulfill a pledge while reducing estate and gift taxes that might otherwise be due on assets given outright to heir.

For other options, or to discuss details of each of these options, please contact Immanuel St. Joseph's Foundation Director Bob Weiss at 507-385-2932.