Commercial Annuities

A Smart Way to Leave a Gift to MD Anderson

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, MD Anderson 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 does not survive you.

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Next Steps

  1. Contact Cindy Atmar at 713-792-0596 or cwatmar@mdanderson.org for additional information on commercial annuities.
  2. Seek the advice of your financial or legal advisor.
  3. If you include MD Anderson in your plans, please use our legal name and federal tax ID number.

Legal name: The University of Texas MD Anderson Cancer Center
Physical Address: 7007 Bertner Ave., 1MC16N, Unit 1705, Houston, TX 77030
To mail a check: MD Anderson Cancer Center, P.O. Box 4486, Houston, TX 77210-4486
Federal tax ID number: 30-0710145

Personal Estate Planning Kit

Get your planning kit

This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!

Download My Kit