Beth Israsel Deaconess Hospital - Plymouth


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Charitable Gift Annuities

Charitable gift annuities are one of the oldest and most reliable charitable investment tools available to donors – a BID-Plymouth annuity will make your assets work for you and your Hospital. When you give through a gift annuity to BID-Plymouth, you make a legacy gift you may not have thought possible, while also arranging for a dependable, tax free income supplement that will continue as long as you and/or your loved one should live.

A charitable gift annuity helps you make a meaningful legacy gift that can free you from worries about outliving your resources. You will enjoy a fixed source of income, one that is not affected by fluctuating interest rates or the unstable performance of investment markets.

If you are 70 years old or older, you can make this very special gift to BID-Plymouth while you also:

  • Enjoy generous quarterly payments that will continue and never shrink as long as you live;
  • Unlock spendable income from low-yielding assets;
  • Help support a surviving spouse, sibling, elderly parent, or other loved one;
  • Reduce or eliminate gift, estate, and income taxes;
  • Reduce and defer capital gains tax when you make your gift by donated appreciated securities that have been held for a year or more;
  • Enjoy the benefits and camaraderie of membership in our Eben Jordan Legacy Society.

How does a Charitable Gift Annuity work?

  1. You make a gift of cash or appreciated stock to Beth Israel Deaconess - Plymouth. You may direct your gift to a specific purpose, program or service, or allow the funds to be used where needed most. A minimum gift of $10,000 is necessary. The gift is then invested by BID-Plymouth.
  2. In return for your generous gift, you receive a guaranteed lifetime income from BID-Plymouth for you and/or another person named as a beneficiary by you.
  3. Upon your death, or that of the surviving income beneficiary named by you, the gift annuity principal is paid to BID-Plymouth for the use you have specified.

The rate of return is based on the beneficiary’s age at the time the charitable gift annuity is established. Generally, the more senior the beneficiary, the higher the rate of return. BID-Plymouth follows the rates generated by the American Council on Gift Annuities, a national organization that employs actuaries to set pay out rates for this type of charitable gift.

For more information, please contact Cindy Outhouse, Vice President of Philanthropy, at 508-830-2420 or email


Download (pdf) Our Brochure about Named Endowed Funds

275 Sandwich Street
Plymouth, MA 02360
(508) 746-2000

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