With a Charitable Gift Annuity (CGA), you can make a long-lasting impact for the preservation of Bonnet House-and here’s what you get in return for your gift:
- Receive stable, fixed payments for the rest of your life, regardless of fluctuations in the market
- Pay less tax on those payments than regular income
- Get a charitable deduction for the current market value of your gift and face no liability for the capital gains when you fund your gift with appreciated stock
- Receive payments immediately or defer them to a future date when you may need additional income.
The minimum age is 60 and the minimum gift is $10,000.
Some payout rates are as follows:
Age 70 – 5.1% annually
Age 75 – 5.8% annually
Age 80 – 6.8% annually
Age 85 – 7.8 % annually
No wonder the Charitable Gift Annuity is such a popular gift. It gives long-term support for your loved ones, Bonnet House, and you!
Contact Darla to get individualized information detailing what your annuity payments and interest rates would be: Darla Worley Livesay, Director of Development, 954-653-1557 or [email protected]