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Planned Giving

New Higher Charitable Gift Annuity Rates Effective July 1, 2010

July 01, 2010

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Effective July 1, 2010, the suggested rates from the American Council of Gift Annuities have increased for most donors. If you have been thinking about arranging a charitable gift annuity with us, now is the time to take advantage of the higher lifetime payments.

Charitable gift annuities are gifts made to us and are created by a simple contract between you and Lewis & Clark, which can usually be completed in a couple of days.

Lifetime Payments
The charitable gift annuity generates fixed payments for life to you (and/or someone you designate) while ensuring a significant gift to us at your death. The amount you’ll receive is determined by the amount you contribute and your age; the older you are at the start, the higher your fixed rate. In addition, a portion of each payment is income tax-free throughout your estimated life expectancy. After your lifetime, or yours and that of another, we are able to use the remainder of your gift for our most pressing needs.

Your Tax Benefits
You may create a charitable gift annuity with a gift of cash, marketable securities or possibly another asset. Because we are a charitable organization, gifts made in exchange for gift annuities are eligible for a charitable income tax deduction for a portion of the amount contributed. You are eligible for the income tax deduction in the year you create the gift annuity.

Contact Us
To benefit from the higher rates, 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.

 

 
eBrochures
Request our FREE eBrochure on how you can benefit with a charitable gift annuity.

 

For more information:

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