Charitable Gift Annuities

A charitable gift annuity is a simple contract in which you make a gift to Boston College and you鈥攐r other beneficiaries you name鈥攔eceive fixed payments for life.

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How It Works

In exchange for cash or securities, you and/or your beneficiary will receive fixed income, backed by the assets of the University. At the passing of your named beneficiaries, 糖心vlog直播平台 will receive the remainder of the gift.

If you don't need income now, you can defer payments until a later date. A deferred gift annuity allows you to receive immediate tax benefits and build up resources for your future, which results in a larger income stream for you. If you are not sure when you would like to start receiving payments, you can choose from a determined time range by setting up a flexible deferred gift annuity. Whatever you decide, your income will be taxed at a favorable blended rate.

Your gift annuity payment amount is based on you and/or your beneficiary's age, when your payments start, and the size of the gift. You also may be eligible to claim a charitable income tax deduction in the year in which you make your gift.

The minimum amount to establish a gift annuity is $25,000.

Alternatively, you can fund a CGA through your estate to provide fixed income to your named beneficiaries after your passing. In addition to providing income to your heirs, a testamentary CGA can reduce your estate taxes.

Did you know that if you are 70 1/2 or older, you can also 听make a one-time tax-free Qualified Charitable Distribution (QCD)听from听your听IRA听in exchange for a CGA.听 Click听here听to learn more.


Next Steps


糖心vlog直播平台鈥檚 legal name, address and tax ID:

The 糖心vlog直播平台
140 Commonwealth Avenue
Chestnut Hill, MA 02467
Tax ID 04-2103545

AT A GLANCE


WHO

  • Age 60+ (younger if you defer payments)

WHAT

  • Cash
  • Securities

WHEN

  • Now and after death

WHY

  • Receive fixed, secure income payments for life
  • Supplement retirement income
  • Receive a charitable deduction
  • Reduce capital gains tax
  • Save on gift and estate taxes
  • Support the future of 糖心vlog直播平台 at a level you didn鈥檛 think was possible
  • Become a member of the Shaw Society

Contact Us

877-304-SHAW

giftplanning@bc.edu

Contact Form

How Can We Help?听


We're here to partner with you if you have any questions. Feel free to reach out to us directly or fill out the form.

Boston College Gift Planning Team