Gift annuities are easy to set up and provide annual income to you and/or another person. What’s more, part of this income is tax-free for a period of time and you will receive an immediate income tax charitable deduction.
A charitable gift annuity could be right for you if you are at least 65 years old and you want:
- to maintain or increase your income.
- the security of fixed, dependable payments for life.
- to save income taxes or capital gains taxes.
- to make a gift amount of $10,000 or more.
Use our Calculator below to see how this gift can benefit you and Bennington College.