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Planned Giving

4 Easy Steps to a Gift That Supports Your Future and Ours

March 31, 2010

With a charitable gift annuity, you can make a gift that will help us achieve our goals for tomorrow while also supplementing your income today. And best of all, the set up isn’t complicated.

Step 1: Finalize Your Charitable Goals
Think about your goals for our future and then determine what you wish to support. You may either specify your gift to benefit a particular program or leave the gift unrestricted, allowing our governing board to use your gift for our most pressing needs.

Step 2: Determine Which Asset to Donate
You can fund your gift annuity with cash or you can use stocks, bonds or another asset—it doesn’t have to be straight-out-of-pocket. When making your decision, consider your asset’s fair market value and cost basis. Also, compare the asset’s income to the proposed gift annuity payments.

Step 3: State Who Should Receive the Payments
Gift annuities make lifetime payments you can never outlive. You can also provide payments for another individual—typically your spouse, but could also be a parent, adult child, family member or friend.

Step 4: Decide Your Payment Date
Your payments may begin immediately, or you can defer your payments into the future, such as five or 10 years from now. Deferring your payments benefits you by increasing your annual payout as well as your income tax deduction. You must also decide if you want to receive your payments quarterly, semiannually or annually.

 

These rates are recommended by the American Council on Gift Annuities and are redetermined periodically.

 

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Check Out Your Benefits

 

Gift Calculator Calculate how a charitable gift annuity can benefit you.

Gift Calculator Calculate how a deferred charitable gift annuity can benefit you.


Have us punch the numbers for you! Just contact Sharon Bosserman-Benson for the Undergraduate or the Graduate School at 503-768-7911, 800-753-9292, or plangivg@lclark.edu, or the Law School development office at 503-768-6901 or lawgive@lclark.edu.

 

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Click the icon to request a FREE guide on charitable gift annuities.

 

For more information:

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