Donor Stories

Fixed Income for Retirement

After working for decades as a pediatrician in a small rural town, Patricia Brown was ready to retire.

Patricia: I bought some stock a number of years ago and overall this was a good investment for me. However, I was uncertain about leaving my savings in the market where I knew it could go up or down.

I was also looking for security for my retirement years. Ideally, I wanted to know that I would have the income I needed and that it would not change with the markets.

Patricia talked to a friend who had found a good choice. Her friend had set up a gift annuity with a favorite charity. Patricia thought that perhaps a gift annuity would be helpful for her.

Patricia: I called and asked about a gift annuity. I was very pleased to discover that I would receive a good payout based on my age. Plus, there would be a charitable tax deduction and part of the income would be tax-free.

I transferred my stock for a charitable gift annuity. I was delighted with the fixed payment I received. I avoided part of the capital gains tax and my CPA was pleased that my charitable deduction will save taxes this year. With my tax savings and increased income, I plan to spend more on my grandchildren this year!

Please note: The name and image above is representative of a typical donor and may or may not be an actual donor to our organization. Since your gift annuity benefits under federal rules may be different from this person, you may want to click here to view a color example of your gift annuity benefits based on your age.

For more information please select one of the following options:

1. If you would like to view a color presentation of a similar plan, please click one of these buttons.

2. If you would like to see the rate for your age and your personal tax savings, then click here.

3. If you would like to request a printed illustration of a gift annuity with your payout rate, then click here.

4. You may print a gift annuity tri-fold brochure. Click Here.