Charitable Gift Annuity
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The Trustees Charitable Gift Annuity is ideal for an older donor seeking increased income and secure, fixed payments. A gift annuity is a simple contract between you and The Trustees. In exchange for your irrevocable gift of cash or securities, The Trustees promise to pay you or another beneficiary a fixed amount every year for life. Quarterly payments may be current or deferred.
Eligibility:
- Minimum Gift Amount: $10,000
- Minimum Age of Beneficiary: 55
Benefits:
- The opportunity to make a significant gift to The Trustees;
- Predictable, stable income stream guaranteed for life;
- Part of the payment is tax-free;
- Favorable capital gains treatment for gifts of appreciated securities;
- Current income tax deduction in year of gift.
Sample Annuity Rates
The Trustees follow the guidelines of the American Council on Gift Annuities. The following are sample rates for our Charitable Gift Annuity:
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One-Life Gift Annuity Rates* | ||||||
| Your Age |
60 |
65 |
70 |
75 |
80 |
85 |
| Gift Annuity Rate |
5.7% |
6.0% |
6.5% |
7.1% |
8.0% |
9.5% |
* Rates recommended by the American Council on Gift Annuities, effective July 1, 2003
Is a Charitable Gift Annuity right for you?
- Click here to compare the charitable gift annuity to other planned gifts.
- I'm not sure. Contact me so I can learn more about the charitable gift annuity.
- Click here to calculate tax and income benefits from a charitable gift annuity.
The material presented in this web site is not offered as legal or tax advice. Examples of tax benefits and results of various examples shown are based on the stated IRS discount rate and on other assumptions that may not apply to your own particular situation at the time of your gift. Accordingly, you are urged to seek the advice of your tax advisor, attorney, and/or financial planner to make certain a contemplated gift fits well into your overall circumstances and planning.
