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Charitable Gift Annuities

In exchange for your irrevocable gift of cash, securities or other assets, Boys & Girls Aid agrees to pay one or two annuitants a fixed sum annually for their lifetime(s).  The annuity amount is based on the age of the annuitant(s); the older the annuitant(s), the greater the annuity payment.

Example Summary of Benefits

Assumptions:
Annuitant’s age: 72
Principal donated: $25,000
Annuity rate: 5.9%
Payment schedule: Quarterly

Benefits:
Charitable deduction: $10, 380
Annuity: $1,475

Remainder:
You will provide generous support to Boys & Girls Aid to be used for the purpose you designate in the annuity contract.

Charitable Gift Annuity Rates
As stated by the American Council on Gift Annuities (July 2009)

Single life
Age     Rate
60     5.1%
65     5.3%
70     5.7%
75     6.3%
80     7.1%
85     8.1%
90+    9.5%

Two lives—joint and survivor
Younger age     Older age     Rate
60                       61-65           4.8%
65                       66-70           5.0%
70                       72-75           5.3%
75                       77-79           5.7%
80                       83-84           6.4%
85                       87             7.2%
90                       91             8.4%
93+                    93+              9.3%

For further information and current gift annuity rates, contact .(JavaScript must be enabled to view this email address), Director of Development, by email or at 503.542.2304