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Planned Giving

What Do You Know About Gift Annuities? Take Our Quiz

September 01, 2010

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 Do you know how a charitable gift annuity can support Lewis & Clark and benefit you? Take this quiz to find out.

1. A charitable gift annuity pays you
A. fixed payments for life.
B. variable payments for life.
C. fixed payments for 20 years.

2. If you create a charitable gift annuity this year, you are allowed to take
A. twice your normal deductions.
B. a charitable income tax deduction for the entire amount of the asset donated.
C. a charitable income tax deduction for a portion of the value of the asset donated.

3. You can choose to have a charitable gift annuity make payments to one or two individuals. True or False

4. Upon the death of the second person receiving payments, the remaining value of the gift annuity is available to help support our mission. True or False

Answers:

  1. A
  2. C
  3. True
  4. True

 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 today to learn more about the benefits of charitable gift annuities.

 

 
eBrochures
Explore gift annuities on your own by requesting our FREE eBrochure.

 

For more information:

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