Deferred Charitable Gift Annuities

How it works:

  1. You transfer cash, securities or other property to Baptist Health Care Foundation.
  2. Beginning on a specified date in the future, the Foundation begins to pay you, or up to two annuitants you name, fixed annuity payments for life.
  3. The principal passes to the Foundation when the contract ends.


  • You receive an immediate income-tax deduction for a portion of your gift.
  • You can postpone your annuity payments until you need them, such as when you reach retirement or when a grandchild begins his or her college education.
  • The longer you defer your payments, the higher the effective rate you will receive. In the meantime, the principal grows tax-free.
  • You can make a significant gift now that benefits both you and the Foundation later.

Graphical image representing how money is flowed through a gift annuity.

Consider a deferred gift annuity if you:

  • Are in high earnings years, looking for both income-tax savings now and an additional source of revenue when you retire.
  • Want to make a significant gift to the Foundation and receive payments in return.
  • Want to maximize the payments you receive from your planned gift – and you want to lower your income tax on those payments.
  • Want the security of payments that won't fluctuate during your lifetime.
  • Appreciate the safety of your payments being a general financial obligation of the institution.

Please contact us at  850.469.7906 prior to establishing a deferred gift annuity to ensure it follows our Gift Acceptance Policies.