Sample Charitable Gift Annuity Rates for a Single Life Immediate Annuity
|
Age |
Annuity rate |
Effective rate |
| 90+ |
11.50% |
17.05% |
| 85 |
9.70% |
13.97% |
| 80 |
8.30% |
11.59% |
| 75 |
7.30% |
9.94% |
| 70 |
6.70% |
8.88% |
| 65 |
6.30% |
8.14% |
| *Based on a cash donation by a donor with an income tax rate of 25%, taking into account tax savings from the charitable deduction and from tax-free payments.
|
A gift annuity with the Jewish Community Endowment Fund serves two purposes: giving and receiving. In exchange for a charitable gift of cash, marketable securities, including stocks, bonds, and mutual funds, certain real estate, or other business interests, you will receive guaranteed fixed payments for one or two lives at favorable rates. Other benefits to you may include:
- An income tax deduction at the time the gift is made
- Partially tax-free payments
- Favorable treatment of capital gains for gifts of appreciated assets
- Estate tax savings
Permanent Legacy
After payments are made for one or two lives, your gift is used for emergencies, capital grants, and seed funding for new initiatives, and will be your permanent legacy which will help ensure the continuity of Jewish life for generations to come.
Prospective donors are encouraged to seek the advice of their professional advisors. The California Insurance Guaranty Association does not guarantee payments of annuities; however, payments are backed by the assets of the Federation.
For more information contact:
Rita Choit Adler at 415.512.6287 or email at ritaa@sfjcf.org
Jennifer Gorovitz at 415.512.6215 or email jenniferg@sfjcf.org |