Ask the Expert

L. Birt Kellam | Chair, Generosity for Generations Campaign Member, Sun Health Foundation Board of Trustees

How can I plan for my financial future and still support superior healthcare through the Sun Health Foundation during these uncertain times?

During times of market volatility like now, it is increasingly important to review or create a plan to preserve hard-earned income for the future. Establishing a Charitable Gift Annuity with a financially stable organization such as Sun Health Foundation is a good choice to accomplish this. If your plan includes making a lasting impact on healthcare in our community through a taxdeductible donation to Sun Health Foundation, a Charitable Gift Annuity can help you achieve this goal.

Charitable Gift Annuities provide uncommonly high life-long payments as well as impressive charitable tax deductions. Rates continue to offer great incentives when compared to low interest rates on CDs and other investments. And we are pleased to report that payout rates are increasing in July for new participants. Funding a Charitable Gift Annuity with a donation of cash, stock or other securities will also help you avoid or reduce gift or estate taxes. Additionally, when funding a Charitable Gift Annuity with an appreciated asset, capital gains tax obligations at the time of the gift are avoided. Creating a Charitable Gift Annuity with Sun Health Foundation is simple. It may be established based on one or two people’s lives and the fixed, lifetime payout rate is based solely on the age of the participant(s) and not on any health requirements. The agreement is both easy to understand and easy to execute.

L. Birt Kellam

With a Sun Health Foundation Charitable Gift Annuity, you can:

• Receive an immediate tax deduction.

• Choose payments to begin immediately or defer to a future start date.

• Enjoy peace of mind with fixed quarterly income payments, completely free from market fluctuations.

• Make a gift that can impact healthcare in our community.

For more information about Sun Health Foundation Charitable Gift Annuities, please call Gina Ore at (623) 471-9560 or visit our website for planned giving information and tools at: https://sunhealthfoundation.planningyourlegacy.org. We are happy to discuss your individual situation and provide a free, personalized, no-obligation Charitable Gift Annuity proposal.