Charitable Gift Annuity Flexible

Charitable Gift Annuity  Flexible Payment Diagram

How it Works

  • You transfer cash or securities to University Hospitals.
  • You select a date range in the future when you will want to start payments.
  • At a later time, you select a specific date for payments to begin.
  • Beginning on the specified date, UH begins to pay you, or up to two annuitants you name, fixed annuity payments for life.
  • The remaining balance passes to UH when the contract ends at the death of the last beneficiary.

Benefits

  • Receive dependable, fixed income for life in return for your gift.
  • Flexible start date allows you to alter the beginning of payments in the future, to meet your changing needs.
  • Deferral of payments permits a higher annuity rate and generates a larger charitable deduction.
  • The longer you wait to start payments, the higher your payment will be.

Note:

  • Beneficiaries must be at least 55 to begin receiving payments.
  • The minimum gift requirement is $10,000.

Next

  • More detail about charitable gift annuity flexible payment.
  • Contact us so we can assist you through every step.

To find out more about how you can
make a difference at UH, contact us:

216-983-2200
UHGiving@UHhospitals.org

University Hospitals
11100 Euclid Avenue,
Mailstop MCCO-5062,
Cleveland, Ohio 44106.