Planned Giving

Kay Mehler

Your Gift to Life Brings Payments for Life

Catherine "Kay" Mehler established a charitable gift annuity with Lee Memorial Health System Foundation in 2007 and again in 2008 to help cardiac and cancer patients. She now receives fixed payments for life while supporting Lee Memorial's lifesaving mission.

The Long Island native began volunteering at Lee Memorial after the death of her husband, Harold, and has been helping patients for nearly 20 years. Kay's gift annuities will help even more local residents in need of care. "Without our health, we have nothing," Kay says. "I believe it is so important that people support their local health care system because it is here for each and every one of us."

How It Works

You make a minimum $25,000 gift of cash or securities to Lee Memorial Health System Foundation.
You, and a survivor if you wish, are paid a fixed amount (see the chart on the next page for sample rates) each year for life. A portion of these payments may be tax-free.
You receive an income tax deduction and may save capital gains tax if you fund the gift annuity with appreciated securities.
After your lifetime and that of the other person you choose, your gift is used to support Lee Memorial Health System.

The information in this website is not intended as legal advice. For legal advice, please consult an attorney. Figures cited in examples are for hypothetical purposes only and are subject to change. References to income tax apply to federal taxes only. Federal estate tax, state income/estate taxes or state law may impact your results.