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Charitable Gift Annuity

A gift that pays you — now with higher rates!
A charitable gift annuity is a great option for donors who want to support our mission while enjoying fixed payments for life, a tax deduction, and savings on capital gains when donating appreciated assets.

Flowchart: Donor funds a charitable gift annuity with a gift of cash or stock. The income beneficiaries will receive fixed annuity payments for life - and By the Bay Health receives the remainder when the annuity expires.

Benefits of a charitable gift annuity

  • Receive fixed payments to you or another income beneficiary for life
  • Receive a tax deduction for the charitable gift portion of the annuity
  • Benefit from payments that may be partially tax-free
  • Improve quality of life for our patients and families through your gift annuity

How a charitable gift annuity works

A charitable gift annuity is a contract between a donor and a charity that provides donors with fixed payments for life. By the Bay Health works with a third-party organization to offer gift annuities to donors.

  1. You can fund a gift annuity with a minimum gift of $20,000 made with cash or stock.
  2. In exchange for your gift, one or two income beneficiaries receive fixed payments for their lifetimes. The minimum annuitant age is 55.
  3. You will receive a charitable income tax deduction for the gift portion of the annuity.
  4. You also receive satisfaction, knowing that you will be helping further our mission.

If you decide to fund your gift annuity with cash, a larger portion of your annuity payment with be tax free. Funding a gift annuity with appreciated securities can increase your income because of reduced capital gains cost.

Suggested rates for single-life gift annuity (as of January 1, 2023):

Annuitant Age














Contact us

If you have any questions about charitable gift annuities, please contact us. We would be happy to assist you and answer your questions.

Additional Information

With a current gift annuity, you may transfer cash or stock in exchange for fixed payments beginning as early as this year. You will receive an up-front charitable income tax deduction for the value of your gift.

Deferred charitable gift annuity (for payments at future date). Perhaps you are not ready to begin receiving payments until a future date, such as when you retire. With a deferred gift annuity, you establish the gift annuity today, receive a charitable income tax deduction this year, but defer the payments until a designated date sometime in the future. Best of all, because you deferred the payments, your annual payment will be higher when the payments start than they would have been with a current gift annuity.

Flexible deferred charitable gift annuity (gives you flexibility as to when the payments will start). With a flexible deferred gift annuity, you retain the flexibility to decide when the annuity will begin making payments. As with a deferred gift annuity, you establish the annuity today and receive a charitable deduction this year, but the payments are deferred until such time as you elect to begin receiving the payments.