Charitable Gift Annuity
There is a way for you to arrange a dependable income supplement that continues for as long as you live while freeing yourself from the fluctuation of interest rates. At the same time, make a charitable gift to God’s Bible School and College. All this with possible tax savings.
Our Charitable Gift Annuity offers some real advantages:
- Lifetime Income – at attractive payout rates for one or two people.
- Tax Savings – a large part of your amount is a deductible charitable gift.
- Tax-Free Income – a large portion of your quarterly payment is a tax-free return on your principal.
- Capital Gains – when you give appreciated securities for a gift annuity, you can minimize any taxes on capital gains.
- Special Blessing – in securing the future of God’s Bible School and College.
The amount of fixed payments in a Charitable Gift Annuity is based on your life expectancy. The older you are, the higher the payment. You may also have the flexibility of deferring your payment until after you retire. Assets used to create an annuity can be cash, real estate, or securities.
For more information on the GBSC Charitable Gift Annuity or a personalized printout of payments and benefits please contact:
Jack Hooker Vice President for Advancement 1810 Young St.
Cincinnati, OH 45202
jhooker@gbs.edu
(513) 721-7944 ext. 1222
|