Stories

“Jean decided this was the perfect way to make a meaningful gift to ‘her’ hospital.”
The gift that gives back
Fifteen years ago, Jean Glenn received a letter from Mission Hospital Foundation explaining the benefits of a charitable gift annuity. Well versed in financial matters and a dedicated hospital auxiliary member, Jean carefully reviewed the salient facts.
A charitable gift annuity would allow Jean to receive guaranteed lifetime income (and a portion of that would be tax-free), create a generous income tax deduction and establish a legacy gift. Jean decided this was the perfect way to make a meaningful gift to “her” hospital.
Between August 2003 and March 2018, on the first of January, April, July and October, Jean received income equal to six percent of the amount she donated. In 2018, Jean passed away and, as she wished, the remainder of her gift was distributed to Mission Hospital.
Jean’s gift did, in fact, give twice. During her lifetime, she received partially tax-free guaranteed income, and following her death, Mission was blessed with a gift.
It all started when she inquired, “How would this work for me?”
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