Munson Health
Jock and Sue Denio

Note: This first appeared in the Spring 2008 issue of Focus.

Jock and Sue Denio of Traverse City believe deeply in the compassionate work of Munson Hospice. Their recent Charitable Gift Annuity earmarked for Munson Hospice not only helps to assure the program’s future, but also gives them both the feeling of making a significant difference during their lifetimes.

"By giving this gift, we were able to honor our parents, Yale and Constance McCort, and F. Winchester and Lucy Shannon Denio, as well as support Munson Hospice," Jock said.  

Jock used appreciated stock to make his gift. By giving appreciated stock, the Denios are able to avoid a portion of the capital gains tax and also receive a significant charitable deduction. The couple entered into a two-life Charitable Gift Annuity, which will continue to provide annuity payments to them throughout both of their lifetimes.  

The Denios are no strangers to gift annuities. In fact, Munson Hospice is the third charitable organization they’ve chosen to support with an annuity. As retired educators, they’ve supported an independent elementary school where Jock first began his career in education; a local land conservancy; and now, Munson Hospice.  

"We love the concept of hospice," Sue said. "We hope that families in our community will have even more access to this wonderful program."