|
Give and You Shall Receive |
We all know
how true this is. It seems that whenever we give of ourselves
for others, we end up receiving so much more than we give.
And now with a
Children's Home gift annuity, you not only receive the
satisfaction of helping those we serve, but you also receive
annuity payments for the rest of your life.
|
Example: John and Mary Jones are
in their late 70s. They give $10,000 to Children's Home
for a two-life gift annuity. Assuming a gift annuity rate
of 7.7 percent, they will receive $770 every year for the
rest of their lives. Even after one of them dies, the
remaining spouse will continue to receive the payments. On
top of this, the Joneses will receive a charitable income
tax deduction, and a substantial portion of their payments
will be tax-free.
See Example |
Why does
Children's Home offer gift annuities?
Many of our friends want to give more to help those we serve,
but live on fixed incomes and can't afford to donate
income-producing assets.
With our gift
annuity program, they can make a significant gift and still
retain lifetime payments. In some cases, they can even increase
their annual cash flow.
|
Example: Wilma Williams is 80
years old and has common stock in a company that pays her
a dividend of 2 percent per year. This means that $10,000
worth of stock divides Wilma with a quarterly check of
only $50. Wilma can transfer this stock to Children's Home
for a charitable gift annuity. Assuming a gift annuity
rate of 9.2 percent, she could receive $230 each quarter,
or $920 for the year. And her payments are secured by all
the assets of Children's Home! |
Fixed
payments, income tax deduction for itemizers, partial bypass of
capital gains tax, possible reduction of estate taxes -- these
and other benefits make a Children's Home gift annuity a prudent
option for many of our older friends. In fact, the rates
recommended by the American Council on Gift Annuities increase
with the age of the annuitant.
There's
something else our gift annuity donors receive: membership in
the Walter and Mary
Barker Society. This special group of forward-thinking
people are partners with us in planning for the future. Their
gift annuities and other planned gifts let us know that vital
resources are in the pipeline to help Children's Home fulfill
its mission to the next generation.
Would you like to learn more about the gift annuity program at
Children's Home? Please email
Brigitte Grant or call her at 687-7210. She can provide you
with a tailor-made illustration showing you exactly how a gift
annuity can work for you.
|
Help our kids and receive an income for
life!
A Children's Home gift annuity is a great way to receive a
guaranteed income for life while making a valuable
contribution to help the children and families who come to
us for help. Benefits include:
· Guaranteed, fixed income for life
· Tax deduction
· Tax-free income
· The satisfaction of helping a child in need
Single Life Gift Annuity Rates:
| Age |
Return |
| 60 |
6.6% |
| 65 |
7.0% |
| 70 |
7.5% |
| 75 |
8.2% |
| 80 |
9.2% |
| 85 |
10.5% |
| 90 |
12.0% |
|
|
|
