1. You transfer $10,000 to Lake-Geauga Habitat for Humanity to establish a Charitable Gift Annuity.
  2. The gift annuity pays a FIXED and GUARANTEED income at 5.1% for life.
  3. You receive an annual payment of $510, a portion of which is tax-free.
  4. You receive a one-time federal income tax deduction in the year of your gift.

    This chart shows the rates for a one-life charitable gift annuity based on a $10,000 gift.

    Age Rate
    60 4.4%
    65 4.7%
    70 5.1%
    75 5.8%
    80 6.8%
    85 7.8%
    90 9.0%