Charitable Gift Annuities
A Reinsured Charitable Gift Annuity is an irrevocable gift of money or other assets to Perley Health Foundation.
How it Works
- A portion of the principal is used to purchase an annuity from an insurance company.
- The annuity pays the donor a guaranteed income for specified time or for the remainder of the donor's life.
- Upon death, the Foundation receives any remaining guaranteed income.
Donors shall receive recognition for the gift portion of the original capital contribution.