Charitable Gift Annuities
A charitable gift that provides lifetime income and support for your community
In today's economic environment, you may want to consider the many advantages of a gift annuity as a tool to help you give back to your community. The concept of a gift annuity has been around for more than a century. The process of establishing a gift annuity is neither lengthy, complicated, nor does it involve any costs. The gift annuity is a basic agreement between you and the Nebraska Community Foundation that will instantly benefit you and eventually benefit your community. The minimum gift size is $20,000, and the income payments can begin as early as age 65.
Your Gift Annuity Will:
- Help your hometown
- Increase your income
- Provide a guaranteed fixed income for life
- Allow you to enjoy partially tax-free income
- Provide a charitable income tax deduction in the year of the gift
- Make payments now or in the future
A Gift That Lives With You
A gift annuity allows you to make gift of cash or stock to support your community while providing you with a guaranteed income source. Your gift works during your lifetime by paying you a level and partially tax-free income. You can also choose to benefit someone else. For example, income payments can be continued for your spouse or another loved one after your death. Upon the death of the last income recipient, the annuity will support your community as you direct.
Current Payment Gift Annuity
Rates for One Life
Current Payment Gift Annuity*
| Age | Rate | Age | Rate |
|---|---|---|---|
| 65 | 3.7% | 80 | 5.8% |
| 70 | 4.1% | 85 | 6.8% |
| 75 | 4.8% | 90 | 8.0% |
Deferred Payment Gift Annuity
An option that many consider is a deferred payment gift annuity. By deferring your guaranteed, fixed annuity payments until at least age 65 or beyond, you could increase the amount you receive each year, while increasing your current charitable income tax deduction.
Rates for One Life
Deferred Payment Gift Annuity Rates*
Number of years Payment Deferred
| Age | 5 yrs | 10 yrs | 15 yrs |
|---|---|---|---|
| 50 | N/A | N/A | 6.6% |
| 55 | N/A | 5.5% | 7.2% |
| 60 | 4.5% | 6.0% | 8.4% |
| 65 | 5.0% | 7.0% | 10.0% |
Gifts that will go on for generations
Eugene and Bonnie Martinson
The Martinsons entrusted NCF’s affiliated fund in Spencer with gifts totaling more than $221,000 to be placed in an unrestricted endowment. Their giving will go on for generations.
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