If you are interested in exploring possible ways to supplement your future retirement income, you might want to consider the Deferred Payment Charitable Gift Annuity. With a deferred annuity, you make a gift today but defer your income payments until some predetermined future date.

How it works:

• A deferred charitable gift annuity is a simple contract between you and Earlham.
• In exchange for an irrevocable gift of cash or securities, Earlham agrees to pay one or two annuitants you name a fixed sum each year for life, with payments starting at least one year after your gift. The payments are guaranteed by the general resources of the institution.
• The older the designated annuitants are at the time of gift and the longer payments are deferred, the greater the fixed income.

Benefits include:

• You qualify for a federal income tax deduction at the time of your gift.
• Your designated annuitants will receive fixed payments for life.
• In most cases, part of each payment is tax-free, increasing each payment's after-tax value.
• If you give appreciated securities, you will pay capital gains tax on only part of the appreciation.
• The remaining proceeds from the gift come to Earlham to support whatever purpose you designate.

Minimum Gift Required: $10,000

If you are interested in doing your own planned gift calculation for a Deferred Gift Annuity, please visit GiftCalcs' secure server.

Gifts That Pay Income for Life