Commercial Annuities

A Smart Gift to Leave to Legacy Health

Like retirement plan assets, commercial annuities provide for tax-deferred growth while the owner is living. Because distributions from commercial annuities are subject to income taxes, they are often considered among the best assets to leave to charity. Due to our tax-exempt status, Legacy Health can receive your commercial annuity completely tax-free. The best way to give a commercial annuity in support of our work after your lifetime is to name us as beneficiary.

Making this gift is as simple as updating your beneficiary form with your bank or insurance company. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn’t survive you.

Next Steps

  1. Contact Rachel Gitner at 503-413-6774 or for additional information on commercial annuities.
  2. Seek the advice of your financial or legal advisor.
  3. If you include Legacy Health in your plans, please use our legal name and federal tax ID.

Legal Name: Legacy Health
Address: P.O. Box 4484 Portland, OR 97208
Federal Tax ID Number: CARES Northwest 93-1314469
Good Samaritan Foundation 23-7017276
Legacy Emanuel Medical Center 46-5562403
Legacy Health Foundation 46-5562403
Legacy Meridian Park Medical Center 46-5562403
Legacy Mount Hood Medical Center 46-5562403
Randall Children's Hospital Foundation 93-1314469
Salmon Creek Hospital Foundation 83-0433165
Silverton Health Foundation 93-00913392
Unity Center for Behavioral Health 46-5562403