Receive Income for Life while Supporting the Institute

Interested individuals can support the Institute by funding a Charitable Gift Annuity. In this popular charitable giving arrangement, a donor, making a gift of a minimum of $10,000 to the Institute, will receive fixed payments for the life(ves) of one or two individuals. Donors can establish annuities for themselves and/or a spouse, for their parents, or to support a relative or a friend. Donors can elect to have payments start now, or at a date of their choosing. The person receiving the payments must be at least 60 years old when the payments start.

Annuity rates range from 5.0% to 9.5%, depending on the annuitants' ages. A portion of each payment is tax-exempt. Rates will be even higher if the gift is made now and the payments are deferred. There is no limit as to the number of separate annuities that can be established by each donor.  Other benefits include an immediate charitable income tax deduction and capital gains tax deferral if the annuity is funded with appreciated assets such as stock.

To explore how a charitable gift annuity might work for you, please contact Catie Newcombe, Senior Development Officer, at 609-951-4542 or .  If you wish to calculate the payments yourself, access the Planned Giving Gift Calculator under "Support the Institute" on the Institute's website. All calculations are confidential unless you indicate that you wish to be contacted.