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Charitable Gift Annuities
When you establish a gift annuity with the Visiting Nurse Service of New York (VNSNY), everyone wins. You can receive significant tax benefits this year, receive guaranteed regular income payments for life, and help VNSNY provide the highest quality home health care to our community into the future.
Here's an example of how this works:
If you establish a gift annuity by making a gift of cash or securities, VNSNY guarantees to pay you a specified annuity payment for the rest of your life. The rate of your payment is based on your age. For example:
| If your age is | 65 | 70 | 75 | 80 |
| And your current rate is | 6.0 % | 6.5 % | 7.1 % | 8.0 % |
So, if you make a gift of $10,000 and you are 75, your current rate is 7.1%. VNSNY will pay you (or a person you designate) $710/year for the rest of your life.* You will also get a substantial income tax deduction for your gift and a portion of your $710 payment will be tax free.
(* This rate reflects the current rate established by the American Council on Gift Annuities. Rates are subject to change and are determined at the time of gift.)
Charitable gift annuities are very easy to set up. If you'd like more information, please call 212-609-1525, or write to us at:
Development Department
Visiting Nurse Service of New York
107 East 70th Street
New York, NY 10021
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Federal Tax ID (EIN) #:
13-3189926
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Thank you!
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