Charitable Gift Annuity Rates on the Rise Don’t Miss This Opportunity to Make a Difference Dear friend, We have some exciting news we would like to share with you that can boost your retirement income and support our organization. Effective July 1, 2018, charitable gift annuity rates will increase. How It Works The concept is simple. You make a donation cash, marketable securities or other assets, and we, in turn, pay you a fixed amount for life. With this type of gift, you can feel secure knowing you can count on receiving stable payments for as long as you live. And now, if you make your gift on or after July 1, the gift annuity rates will be an estimated 30 to 50 basis points higher. Here’s an Example of How You May Benefit the current rate schedule, Mary, 79, transfers $25,000 in exchange for a charitable gift annuity. She will receive annual payments of $1,650, a rate of 6.6 percent. Instead, if Mary waits to make her gift on or after the new rate schedule is in place on July 1, the same gift amount will provide $1,775 in annual payments, reflecting a 7.1 percent rate. That’s a payout rate increase of approximately 7.5 percent. In addition to the opportunity to increase your retirement income as you help our future, gift annuities offer you numerous tax benefits, including: A partial income tax charitable deduction now for your gift when you itemize. Part of each payment is income tax-free throughout your estimated life expectancy. Capital gains tax savings on appreciated property you donate. You are our future. Contact me to discuss how a charitable gift annuity allows you to make a gift and provides you, and another person if you choose, with secure, tax-favored payments for life. With your help, we can continue to make an impact in our communities. Sincerely, [NAME] [TITLE] [ORGANIZATION] P.S. Request Your Personalized Illustration We would be happy to send you a free, no-obligation illustration showing you the increased benefits you can receive from a charitable gift annuity if you make your gift on or after July 1,
Charitable Gift Annuity Rates on the Rise Don’t Miss This Opportunity to Make a Difference Dear friend, We have some exciting news we would like to share with you that can boost your retirement income and support our organization. Effective July 1, 2018, charitable gift annuity rates will increase. How It Works The concept is simple. You make a donation cash, marketable securities or other assets, and we, in turn, pay you a fixed amount for life. With this type of gift, you can feel secure knowing you can count on receiving stable payments for as long as you live. And now, if you make your gift on or after July 1, the gift annuity rates will be an estimated 30 to 50 basis points higher. Here’s an Example of How You May Benefit the current rate schedule, Mary, 79, transfers $25,000 in exchange for a charitable gift annuity. She will receive annual payments of $1,650, a rate of 6.6 percent. Instead, if Mary waits to make her gift on or after the new rate schedule is in place on July 1, the same gift amount will provide $1,775 in annual payments, reflecting a 7.1 percent rate. That’s a payout rate increase of approximately 7.5 percent. In addition to the opportunity to increase your retirement income as you help our future, gift annuities offer you numerous tax benefits, including: A partial income tax charitable deduction now for your gift when you itemize. Part of each payment is income tax-free throughout your estimated life expectancy. Capital gains tax savings on appreciated property you donate. You are our future. Contact me to discuss how a charitable gift annuity allows you to make a gift and provides you, and another person if you choose, with secure, tax-favored payments for life. With your help, we can continue to make an impact in our communities. Sincerely, [NAME] [TITLE] [ORGANIZATION] P.S. Request Your Personalized Illustration We would be happy to send you a free, no-obligation illustration showing you the increased benefits you can receive from a charitable gift annuity if you make your gift on or after July 1,