- You transfer $10,000 to Lake-Geauga Habitat for Humanity to establish a Charitable Gift Annuity.
- The gift annuity pays a FIXED and GUARANTEED income at 5.1% for life.
- You receive an annual payment of $510, a portion of which is tax-free.
- 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%
Example of a Charitable Annuitydsanzo