Charitable Gift Annuity

The charitable gift annuity is a simple way to make a gift of cash or marketable securities in exchange for a guaranteed income for life; it may be established for one or two individuals. This arrangement is a contract between you and The Whitworth Foundation. The payments can begin immediately, or you may defer the payments for a period of time. The proceeds of the annuity will eventually be transferred to the Whitworth endowment or to a designation of your choice.

The annuity rate is based upon the age of the income beneficiary; it is determined at the time the gift is made and never changes. A portion of each payment will be tax-free income. You will also receive an immediate income-tax deduction in the year the gift is made. Since each annuity is a separate contract, no additions are allowed. However, you may establish as many annuities as you like.

Click on the gift calculator to see how you might benefit from a charitable gift annuity.

• Deferred Charitable Gift Annuity
• Suggested Charitable Gift Annuity Rates