You may be able to increase your annual income and make a donation to Barnard—doesn’t that sound good? A Charitable Gift Annuity can offer you rates that are higher than many CDs or some stocks that pay minimal annual dividends, or you can diversify your income with minimal capital gains taxes by setting up a Charitable Remainder Trust. (Note: Charitable Gift Annuity rates are based on the age of the individual(s) who will receive lifetime payments, and range from 4.7% for age 65 to 9.0% for ages 90 and above.)
For more information on how to establish a Charitable Gift Annuity or Charitable Remainder Trust, or to learn if one of these is the right option for you, contact Audra Lewton, Director of Gift and Estate Planning, at email@example.com or (212) 870-2534.
Audra M. Lewton
Director of Gift & Estate Planning
Office of Development
New York, NY 10027
Phone: (212) 870-2520