CHARITABLE GIFT ANNUITIES

A charitable gift annuity is one of the easiest and most popular ways to support Actors Theatre and receive a guaranteed annual income. Volatile financial markets and falling interest rates can make it difficult to plan for the future. A charitable gift annuity can be an attractive alternative to consider.

A gift annuity is a contract between you and Actors Theatre, backed by the full faith and assets of Actors Theatre. You transfer cash or securities to Actors, and the theatre pays a guaranteed, fixed annual income to one or two named individuals for life. Then, the funds are available for use by Actors Theatre. The amount of the annuity paid is based on the age of the income beneficiary or beneficiaries.

You can fund a gift annuity at Actors Theatre with as little as $10,000, and you may be able to deduct a portion of the value of your gift. You will also enjoy capital gains tax savings if you fund your gift with appreciated securities. Deferred gift annuities are available for those who don't immediately need the income.

  • Lifetime payments for yourself and possibly another person.
  • Charitable deduction for a portion of the value of the gift.
  • Part of the annual income is considered a tax-free return of capital.
  • Capital gains tax savings when you contribute appreciated securities.
  • Establish with a gift of as little as $10,000.


These rates are recommended by the American Council on Gift Annuities, effective July 2007.
Two-life rates are lower due to added life expectancy
.

Contact Melinda Townsend, Manager of Major Gifts, for more information at 502-584-1265 ext. 3062 or e-mail at MTownsend@ActorsTheatre.org.

The above information is provided for education purposes only. All donors must consult with and rely exclusively on their own attorneys or other financial advisors for tax and legal advice.
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