Tiger Impact Charitable Gift Annuity
Tiger Impact Charitable Gift Annuity
The TIGER IMPACT ANNUITY can be one of the most creative ways to support the mission of Campbellsville University. Like a regular Charitable Gift Annuity, the Tiger Impact Annuity can make bigger difference and have a greater impact on the way you give and on your tax deductions.
How it Works
In exchange for you gift of $5,000 or higher, CU will provide guaranteed lifetime annuity payments at an attractive rate. You designate one of the University's priorities to receive the first three to five years of payments. Thereafter, you enjoy the advantage of the annuity payments for life. When the annuity ends, the balance again supports your designated CU priority.
Highlights
- Make an immediate impact at CU
- Gain a greater charitable deduction due to the first three to five years or payment to CU
- Immediate and future support to CU's mission
- Attractive annuity rates
- Annuities available for as low as $5,000
EXAMPLE
(Two-life rates are available) - These rates are for illustration purposes only
|
Annuitant Age at Gift |
60 |
65 |
70 |
75 |
80 |
|
Annuity Rate |
4.9% |
5.4% |
5.9% |
6.6% |
7.6% |
|
Annual Payment to You |
$490 |
$540 |
$590 |
$660 |
$760 |
|
Tiger Impact Charitable Gift Deduction* |
$5,337 |
$5,668 |
$6,203 |
$6,803 |
$7,432 |
|
Standard Charitable Gift Deduction |
$3,582 |
$3,758 |
$4,153 |
$4,579 |
$4,995 |
*Deduction will vary with changes to the IRS Discount Rate. Assumed rate is 1.8%. Charitable gift annuities are not investments or insurance, and are not regulated by the insurance department of any state. The examples are for illustration purposes only and are not intended as legal or tax advice.
If you would like more information about the Tiger Impact Annuity, please contact:
Daniel Leathers, Director of Planned Giving [email protected] or 270-789-5014
1 University Drive, UPO 784, Campbellsville, KY 42718
