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Home > More Ways to Give > Build a Legacy > Charitable Gift Annuities

Build a Legacy - Charitable Gift Annuities

Gift and Estate Planning

A charitable gift annuity allows you to make a significant gift to SickKids while at the same time receiving a guaranteed, pre - determined annuity payment - possibly for life. A charitable gift annuity may be attractive to you if you are a conservative investor 65 years of age or older because they represent safe investments that offer significantly higher returns than you could receive through Guaranteed Investment Certificates (GICs).

Simply put, an annuity consists of two parts: a gift to SickKids for which you will receive a tax receipt and a guaranteed stream of income for you and your surviving partner, either for life or a specified number of years. Here's how they work: A minimum of $10,000 is transferred to SickKids which is divided into two parts. At least 20 per cent is counted as an immediate donation to SickKids, for which you receive a charitable tax receipt. The remainder is used to purchase an annuity from a top-rated insurance company providing a guaranteed income.

A charitable gift annuity provides both an immediate and potential future donation to SickKids. While you are investing to secure the quality of your life, you are also improving the quality of life for countless others. Your gift will be used to support the health and well-being of children we serve, now and far into the future.

For more information on how you can build your legacy, please contact:

The Office of Gift & Estate Planning
phone: 416.813.8271
e-mail: gift.planning@sickkidsfoundation.com
Or complete our online request form.