Gift Annuities

A gift annuity is a contractual agreement between a donor and a charity. The donor contributes funds or property in exchange for a commitment by the charity to pay the donor (or a person he or she designates) a stream of income for life.

The donor receives a partial income-tax charitable deduction when the gift annuity is created. Income from a gift annuity is partially tax-free. Donations of appreciated property receive partial forgiveness of capital gains tax.

To make a donation to the Simi Valley Hospital Foundation, or to learn more about how you can help, call the foundation office at (805) 955-6670 or email us.