Charitable Gift Annuities - Support Packard Children's Hospital

Give to sick children and get income for life

A gift annuity is a simple, contractual agreement between you and Packard Children's, in which you transfer assets to us in exchange for our promise to make payments of a fixed amount to you (and/or another individual, if you choose) for life.

If you would like more information about how to make a Charitable Gift Annuity, we would be glad to help.

or call Donna M. Bandelloni at (650) 736-1211

We invite you to make a gift that provides:

Stable income for life for you or a loved one
Tax advantages, including an immediate charitable deduction and potential capital gains and estate tax savings
Important support for Packard Children’s Hospital and the families we serve

Frequently Asked Questions

How does a Charitable Gift Annuity work?
1. You make a gift to Packard Children's
2. You receive an immediate tax benefit
3. We invest your gift
4. We pay you a fixed percentage of the original gift for the rest of your life
5. We use the remainder to fund the area of your choice

How is the rate of payout determined?
We use the rates recommended by the American Council on Gift Annuities, which are redetermined periodically. The rates are based on your age and the number of annuitants. Rates are higher for older annuitants, which makes annuities appealing to older donors. Contact us for a personalized illustration and to see if a Charitable Gift Annuity is right for you.

Can I defer the date that I will start to receive income and still get my income tax deduction?
Deferred Charitable Gift Annuities allow you to receive immediate tax benefits from donating cash or appreciated assets, and receive a set dollar amount for the rest of your life starting at a date of your choice. The longer you defer your start date, the higher the payout amount.

This is not professional tax or legal advice. Donors must consult their tax and legal advisors regarding their specific situation.