Gift annuities are a wonderful method to donate to charities and continue to receive annuity payments for life - monthly, quarterly, semiannually, or annually. You can begin receiving these payments immediately or defer their beginning until some future time, like until retirement years. You may also qualify for income tax savings. Usually this deduction occurs at the time of the gift. In addition, part of this annuity payment may be tax free as well.

Mennonite Foundation offers assistance to Memorial Home donors in the administration of gift annuities. Click here for more specific information about a charitable gift fund, it's advantages and how it works. For another good explanation of gift annuities, from American Council on Gift Annuities, click here. Memorial Home uses their rate schedule. You may also phone Kathy Goering, Director of Fund Development at Memorial Home with your questions at 620-345-2901. Contributions are tax deductible.