Charitable gift annuity supports Baptist Health Foundation, provides income stream | Local News

LOUISVILLE — A new option for supporting the Baptist Health Foundation, which has a branch that services Baptist Health Hardin in Elizabethtown, and its work offers donors a fixed income stream for life and a tax donation.

The charitable gift annuity program, started in April 2023, allows donors to contribute cash, marketable securities, other appreciated property owned longer than a year or a combination of those. No matter how the charitable gift annuity is funded, the Baptist Health Foundation donor receives fixed payments for the rest of his life, and, in most cases, an upfront deduction for tax itemizers.

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