Charitable Gift Annuity
A gift annuity is a contract with Doane College. In return for a transfer of cash, marketable securities or other assets, Doane agrees to pay a fixed amount of money to one or more individuals, for their lifetime.
A person who receives payments is called an "annuitant" or "beneficiary". The payments are fixed and unchanged for the term of the contract. A portion of the payments are NOT called "income", as payments are considered to be a partial, tax-free return of the donor's gift. These payments are spread into equal amounts over the life expectancy of the annuitant(s).
If you would like a free, no obligation, projection of the tax consequences of making a gift annuity; we will calculate it for you.
For single life rates effective July 1, 2010.
For two lives rates effective July 1, 2010.
Please contact Dan Meyer at 402.826.8237 or firstname.lastname@example.org
Information on gift annuities can be found at the American Council on Gift Annuities web site: http://www.acga-web.org/about-gift-annuities-top/what-is-a-gift-annuity
If you would like to receive more information, contact Dan Meyer at 402.826.8237,dan.meyer@doane