|
| Audubon Canyon Ranch Gift Annuity Program: ACR’s gift annuity program appeals to those who prefer predictable payments to variable income. An Audubon Canyon Ranch gift annuity provides fixed guaranteed payments to donors along with the satisfaction of making a significant future gift to the agency. Annuity rates vary with age. The older you are, the higher your rate. Payments once establish remain the same for life.
Here’s an example*: Mary Edwards, age 75, establishes a one-life gift annuity contract with $25,000. In exchange for her gift, she receives a $1,575 annually for life. $1,126 of her $1,575 payment is tax-free for twelve years. She also receives an $11,040 charitable income tax deduction.
*Rates change from time-to-time. This example is meant for educational purposes only. The numbers given will vary depending on the rate schedule in place at the time the gift is made. For an estimate of your rate and deduction, confidentially provided, call ACR’s planned giving specialist Phil Murphy at 415-457-7482 or pgphil@earthlink.net.