ACCOMPLISHING PRIORITIES: RETIREMENT INCOME AND SUPPORT FOR
Rochester Regional Health Foundations

The benefits of a life income gift: with the charitable gift annuity
Financial security and support for Rochester Regional Health Foundations

Life is full of competing priorities. Often the things we want to do don't coordinate with what we know we need to do. If you are in or approaching retirement, you know that one priority is making sure you have enough income. Yet, you may also want to continue your support of favorite charities such as Rochester Regional Health Foundations. Saving and charitable giving don’t have to be competing priorities. Enter the Rochester Regional charitable gift annuity! Consider achieving two of your priorities at once - both income and charitable support.

The benefits of establishing a charitable gift annuity

A charitable gift annuity with Rochester Regional Health Foundations is simple. You make a gift to Rochester Regional of cash or appreciated securities, and Rochester Regional agrees to pay up to two individuals - most commonly you and your spouse - a fixed income for life. The payments never fluctuate and are not affected by changes in the economy or financial markets. Rochester Regional Health Foundations will give you a simple agreement for your records. Then just wait for the payments. In return for your gift, you will get an income tax charitable deduction for a portion of your gift. In almost every case some of your annuity payments will be partially tax-free for a time. Two priorities accomplished - additional retirement income and generous support for Rochester Regional Health Foundations.

How to establish a charitable gift annuity with Rochester Regional Health Foundations.

Once you decide to move forward to establish a charitable gift annuity with Rochester Regional Health Foundations, here is the process. We will guide you every step of the way.

  •  Contact the charity_office office to ensure that the age(s) of the annuitant(s) meet the gift annuity policies at Rochester Regional Health Foundations.
  •  If you have not received a financial illustration for the gift you are considering, request the illustration from the charity_office office.
  •  Request a Gift Annuity Application form from the charity_office office.
  •  Complete the information on the application.
  •  Send the Gift Annuity Application to the charity_office office at Rochester Regional Health Foundations.
  •  If you are using a check to fund the gift, enclose your check with the application.
  •  Shortly after your application is received you will be sent a Charitable Gift Annuity Agreement, along with tax reporting information for when you file your income taxes.
  •  You'll need to sign the Charitable Gift Annuity Agreement and return it to Rochester Regional Health Foundations. Rochester Regional will provide a fully signed agreement to you.
 
 
Your priorities accomplished!
  •  You will have provided for additional income.
  •  You will have protected some of your assets from market downturns in exchange for safe income.
  •  You will have made a significant gift to Rochester Regional Health Foundations.