Deferred Gift Annuity

If you are interested in exploring possible ways to supplement your future retirement income, you might want to consider the Deferred Payment Charitable Gift Annuity. With a deferred annuity, you make a gift today but defer your income payments until some predetermined future date.

Dga -chart -310

How it works:

  • A deferred charitable gift annuity is a simple contract between you and Earlham.
  • In exchange for an irrevocable gift of cash or securities, Earlham agrees to pay one or two annuitants you name a fixed sum each year for life, with payments starting at least one year after your gift. The payments are guaranteed by the general resources of the institution.
  • The older the designated annuitants are at the time of gift and the longer payments are deferred, the greater the fixed income.

Benefits include:

  • You qualify for a federal income tax deduction at the time of your gift.
  • Your designated annuitants will receive fixed payments for life.
  • In most cases, part of each payment is tax-free, increasing each payment's after-tax value.
  • If you give appreciated securities, you will pay capital gains tax on only part of the appreciation.
  • The remaining proceeds from the gift come to Earlham to support whatever purpose you designate.

Minimum Gift Required: $10,000

If you are interested in doing your own planned gift calculation for a Deferred Gift Annuity, please visit GiftCalcs' secure server.

Gifts That Pay Income for Life

For more information on
deferred gift annuities...

Kelly _tanner _kim
Contact:
Kim Kelly Tanner
Associate Vice President for
Institutional Advancement/
Planned Giving
(765) 983-1631
tanneki@earlham.edu

 

Other Life Income Options:

 

Gift -calculator -badge

 

Print Friendly and PDF

Earlham College, an independent, residential college, aspires to provide the highest-quality undergraduate education in the liberal arts, including the sciences, shaped by the distinctive perspectives of the Religious Society of Friends (Quakers).

Earlham College
801 National Road West
Richmond, Indiana
47374-4095
1-765-983-1200 — Main Switchboard
1-800-EARLHAM (327-5426) — Admissions