Getting
Started: Charitable Gift Annuities
The concept of the charitable gift annuity in America dates back to
1843, when a merchant in Boston first donated a gift of money to
the American Bible Society in exchange for a flow of income. Today,
the concept includes valuable tax benefits for donors. But perhaps
more valuable than the financial advantages is the satisfaction
donors gain by helping to continue our mission and good
works.
Charitable
Gift Annuity or Savings Account: Which Better Serves You?
It used to be that a savings account could be counted on for
reasonable earnings, and you would not have to give your savings
much attention. These days, however, you may be looking for other
options that produce a higher rate of return.
Payments
for Life From Our Charitable Gift Annuity
You can secure fixed annual payments for life by making a
contribution to St. John’s University.
Invest
in Our Future and Yours With a Charitable Gift Annuity
Although most people think of insurance companies when they think
of annuities, St. John's University also offers annuities. A CGA is
a gift vehicle that pays you (and an additional annuitant, if you
desire) a predetermined amount each year for life.
A Gift to
Us That Returns the Favor to You
You've heard the old adage that it's better to give than to
receive. But with a charitable gift annuity, you help yourself at
the same time you are helping us.
How a
Charitable Gift Annuity Pays You Back
The concept of a gift annuity is simple: A person wishing to
support our work makes a gift of cash or marketable property to St.
John's University.
Deferred
Annuity Can Boost Retirement Income
You can secure fixed payments for life when you make a contribution
to St. John's University.
Act Now,
Benefit Now
Can your gift that St. John's University will receive years from
now still be deductible on your tax return this year? If you make
the gift through a charitable gift annuity, it can!
Benefits
Worth the Wait
A charitable gift annuity provides the same benefits as regular
gift annuities, but if you defer the payments, the benefits
multiply.
For additional information on gift planning, contact Susan
Damiani, Director of Gift Planning, at (718) 990-7562 or e-mail damianis@stjohns.edu