Would you like to make a significant gift to the F.F. Thompson Foundation and still retain the income from that gift? With a Charitable Gift Annuity you can do just that, and get a hefty charitable deduction in the bargain!
A charitable gift annuity is a way to give and receive. In exchange for an irrevocable gift of $5,000 or more in cash, securities, or other assets, Thompson agrees to pay you a fixed sum each year for life. In most cases, part of each payment is tax-free, increasing each payment's after-tax value. Payments to the annuitants can be made quarterly, semi-annually or annually. Upon the death of the donor, the principal is paid to Thompson and put to use as the donor requested.
Here's how it works for a single donor age 65 - In exchange for an irrevocable cash gift of $10,000 the donor would receive:
Rates and deductions may vary, so please check with us for specific information at (585) 396-6155 or click here to send us your information online. We will then get back to you with a specific illustration.
The F.F. Thompson Foundation, IncGift and Donor recordsP.O. Box 270032Rochester, NY 14627-0032