Enjoying the Benefits of Gift Annuities
During a recent visit with Walter and Evelyn Badger, it was easy to sense how much they care about helping other people in their own, quiet way. Living in Cedar Rapids for over 60 years, they have accomplished much good.
After graduating from college, Walter from Cornell and Evelyn from Grinnell, the couple married in 1944. Walter served in the Navy and began his career as an accountant with McGladrey, Hansen and
Dunn, now RSM McGladrey, in December 1946. His career with the firm spanned 37 years.
The couple love to travel and have explored many ports of call, especially in China, Africa, and Europe. They raised two children, Mark and Nancy, and lost their son and one of their two granddaughters to cancer. Because of their appreciation for the level of care they have experienced at Mercy and their desire to help others, the Badgers have supported the hospital and the Mercy Foundation. Evelyn commented, "we've always had a good experience at Mercy when we've needed health-care services."
"An annuity is wonderful way to supplement our retirement income while supporting one of our
favorite charities,'' explained Walter.
A gift annuity:
- Provides a generous charitable deduction for the gift.
- Allows for life-time annuity payments for one or two individuals at a favorable rate that can supplement retirement.
- Can help to decrease the amount of capital gain owned on an appreciated asset when the stock is used to fund the gift.
For a free no-obligation illustration, please call Sue Hawn CFRE, President of the Mercy Foundation, at 398-6278.