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WHOI is proud to hold Charity Navigator's Highest Rating WHOI is proud to hold Charity Navigator's highest rating for the seventh year

Charitable Gift Annuities

A charitable gift annuity is a simple contract between WHOI and its supporters. In exchange for a gift of cash, appreciated securities, real estate or other asset, WHOI guarantees payments for life to the income beneficiary named in the contract. Payout rates are highly competitive and reflect the maximum recommended by the American Council on Gift Annuities.
Benefits Include:
• Guaranteed payments, protected from the fluctuations of the economy and backed by all of WHOI’s assets, for the lifetime of the beneficiaries
• A federal charitable deduction representing a significant portion of the fair market value of the gift
• An opportunity to minimize capital gains tax liability on appreciated assets, such as stock, when they are used to fund the gift annuity
• A means to increase yield and generate tax-free return of principal when funded with cash or assets with little or no appreciation
A charitable gift annuity is a simple contract between WHOI and its supporters. In exchange for a gift of cash, appreciated securities, real estate or other asset, WHOI guarantees payments for life to the income beneficiary named in the contract. Payout rates are highly competitive and reflect the maximum recommended by the American Council on Gift Annuities.
Benefits Include:
  • Guaranteed payments, protected from the fluctuations of the economy and backed by all of WHOI’s assets, for the lifetime of the beneficiaries
  • A federal charitable deduction representing a significant portion of the fair market value of the gift
  • An opportunity to minimize capital gains tax liability on appreciated assets, such as stock, when they are used to fund the gift annuity
  • A means to increase yield and generate tax-free return of principal when funded with cash or assets with little or no appreciation

Income Benefits and charitable deductions for a $100,000 gift at sample ages based on November 2013 IRS discount rate. 
 

One-Income Beneficiary

Age

Annuity Rate

65

4.7%

70

5.1%

75

5.8%

80

6.8%

85

7.8%

90

9.0%


Two-Income Beneficiaries

Age

Annuity Rate

67/65

4.3%

70/68

4.5%

75/70

4.8%

80/75

5.3%

80/80

5.7%

85/80

6.1%


Charitable gift annuities offer a flexible option; you can receive income now or at a pre-determined date in the future. This deferral of income offers a higher annuity rate and a higher charitable deduction.

To find out current rates on your own, please try our planned giving calculator. For more information, please contact us at (508) 289-4895.