If you'd like to support our mission and receive steady payments during your retirement years, a charitable gift annuity may be right for you.
How It Works Through a simple contract, you agree to make a donation of cash, stocks or other assets to AWS Foundation. In return, you receive (and someone else, if you choose) a fixed amount each year for the rest of your life.
Charitable Gift Annuity
Create a gift annuity.
Receive an income tax deduction and fixed payments for life.
Your Rate Generally, the older you are at the start of your payments, the higher your payments.
These rates are the maximum rates recommended by the American Council on Gift Annuities and are adjusted periodically.
Rate of Return
Rate of Return
Not all organizations offer charitable gift annuities at the above ages and rates. Contact AWS Foundation for a personalized illustration or for more information.
Example Jill, 70, established a $20,000 charitable gift annuity. Based on her age, she was able to receive an annuity rate of 5.1 percent. This means that we will pay her $1,020 each year for the remainder of her life, of which $824 is tax-free to her throughout her life expectancy. She'll also receive a charitable deduction of $7,231 if she itemizes on her income taxes (assumes annual payments and a 1.4 percent charitable midterm federal rate – deductions vary based on income earned). After her lifetime, the remaining amount is used to support our mission.
To learn more about this way to support American Welding Society, please contact Vicki Pinsky at 305-443-9353 or firstname.lastname@example.org.
The information on this website is not intended as legal or tax advice. For legal or tax advice, please consult an attorney. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes apply to federal taxes only. State income/estate taxes or state law may impact your results.