With a charitable gift annuity, we pay you to help us cure cancer. Your gift of $10,000 or more can give you lifetime fixed income. Afterwards, the remaining balance will fund blood cancer research to save lives.
Five Ways You Benefit
You will receive identical payments for as long as you live that will not change regardless of market fluctuations.
Receive a higher return than many other options. The rate depends on the age(s) of the income recipient(s) when you make the gift and whether the annuity is to pay one person or two.
- a tax deduction in the year you make your gift
- payments will be partially tax-free throughout your expected life
- tax on "paper profit" is minimized if you use appreciated stock to fund the annuity
Provide income for others
Charitable gift annuities can make payments to you alone, to you and someone else, or to two others you choose to name.
Leave a lasting legacy
Your charitable gift annuity can provide the long-term research funding that achieves lifesaving breakthroughs.
Sample Payments & Rates
Here are examples of payments to one beneficiary for a $25,000 donation and based on current rates by the American Council on Gift Annuities.
|Your Payment Rate*||5.6%||6.2%||7.3%||8.3%|
|Your Annual Payment||$1,400||$1,550||$1,825||$2,075|
You have options with your charitable gift annuity.
- immediate payments or higher-rate payments that are deferred to a later date
- payments for one person or for two people
- cash gifts to provide maximum tax-free payments, or a gift of appreciated securities to minimize capital gain taxes
LLS charitable gift annuities are not available to residents of Alabama, Hawaii or Washington State.
For More Information
To find out if a gift annuity is right for you and to see payments and tax savings based on your age and gift amount, contact Kelly Gicale, VP of Planned Giving at (914) 821-8991 or at legacy@LLS.org.
To read more about Wills, Annuities & Planned Gifts, please access the links below.