The Gift that Pays You! – A Charitable Gift Annuity
Do you have a certificate of deposit coming due? If you have looked at renewal rates, you know that your income will be less. Why not consider establishing a charitable gift annuity with the JCRA? We can offer a guaranteed return for life, an income tax deduction to lower your tax bill, and a very attractive rate of return – PLUS a gift to support the JC Raulston Arboretum.
Consider the benefits* Jim and his wife (both are 67 years old) will receive in exchange for a $10,000.00 charitable gift annuity:
- Charitable income tax deduction of $2,395.00
- Annual income of $640.00 and of that only $311.00 is taxable, the remaining $329.00 is tax-free
- Projected total income over their lives of $14,720.00
- Eventual gift in support of the JCRA of $19,743.00
*These projected numbers may change subject to the discount rates going up and down.
If you would like to learn about what you might receive from a gift annuity please contact Joan DeBruin at Director of Gift Planning, Campus Box 7501, Raleigh, NC 27695-7501, Phone (919) 515-9076, Fax (919) 513-1728, or via e-mail at <joan_debruin@ncsu.edu> or Anne Porter at (919) 513-3463 or <anne_porter@ncsu.edu>.