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Charitable Gift Annuities
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A way to secure income for life and tax deductions
while helping tomorrow's students |
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A charitable gift annuity is an extraordinary
way to make a gift, increase your income and slice your tax bill – all in
one transaction! Our charitable gift annuity program was created as a
service to our many friends who have expressed a desire to make a gift of
significance, while still retaining income from the gift property during
their lives.
A charitable gift annuity is a contract in
which you exchange a fit of cash or securities for a fixed income each year
for the rest of your life (or for the lives
of two people). Your gift annuity
offers five distinct advantages:
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Income for Life
– at attractive payout rates for one or two lives;
Tax Deduction Savings – a
large part of what you transfer is a deductible charitable gift;
Tax-Free Payout – a large
part of your annual payment is tax-free return of principal;
Capital Gains Tax Savings
– when you contribute securities for a gift annuity, you
minimize any taxes on your “paper profit;”
Personal Satisfaction –
from making a gift of lasting significance. Your gift will provide
scholarships for tomorrow’s nurses, police officers, firefighters, and
teachers studying at Rio Hondo College.
You can choose…How
frequently payments will be made –quarterly, semiannually, annually;
one-life or two-life annuities; cash or securities to fund your gift. Cash
gifts allow maximum tax-free payments; gifts of securities allow you to
minimize capital gains taxes.
For more information or a free brochure
contact
Dr. Andy Howard
Executive Director
562.908.3476
ahoward@riohondo.edu
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