Gift Annuities
Hackley Cornerstone Foundation Charitable Gift Annuity
I want to support Hackley’s innovative medical care, yet I still need a lifetime income.We wish to make a significant gift to Hackley Cornerstone Foundation, but can we get a tax break?
A Hackley Cornerstone Foundation charitable gift annuity can help you achieve both of these goals. Establishing a charitable gift annuity is a fast and easy process.
A Lifetime of Support
When you set up a Hackley Cornerstone Foundation charitable gift annuity, you transfer cash or securities to Hackley Cornerstone Foundation in exchange for a contract that obligates the Hackley Cornerstone Foundation to pay a fixed income for life to you and/or another person.As a result of this gift you are entitled to:
- Life-long income with an attractive return rate for one or two lifetimes
- Significant tax-free income, because part of your income stream is treated as a return of principal (a cash gift maximizes tax-free return)
- A substantial income tax deduction
- Reduction of capital gains tax on transfer of appreciated securities
The Hackley Cornerstone Foundation Charitable Gift Annuity and You
Each individual situation is different. If you prefer to discuss your charitable gift annuity with a Hackley Cornerstone Foundation representative, please call (231) 727-5517. Your call is confidential and involves no obligation.Thank you for your interest in creating a charitable gift annuity with Hackley Cornerstone Foundation.







