Charitable Gift Annuity
Gifts That Pay You Income
There's a way for you to support Cathedral High School and feel confident that you have dependable income in your retirement years. You can do this with a charitable gift annuity.
This type of donation can provide you with regular payments and allow us to further our work. You can also qualify for a variety of tax benefits, including a federal income tax charitable deduction when you itemize.
Gifts That Pay
Your payments depend on your age at the time of the donation. If you are younger than 60, we recommend that you learn more about your options and download this FREE guide Plan for Retirement With a Deferred Gift Annuity.
An Example of How It Works
Dennis, 66, and Mary, 65, want to make a contribution to Cathedral High School but they also want to ensure that they have dependable income during their retirement years. They establish a $20,000 charitable gift annuity.
Based on their ages, they will receive a payment rate of 4.4%, which means that they will receive $880 each year for the remainder of their lives. They're also eligible for a federal income tax charitable deduction of $6,819* when they itemize. Finally, they know that after their lifetimes, the remaining amount will be used to support our mission.
*Based on a 3.6% charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.
Calculate Your Benefits
Submit a few details and see how a charitable gift annuity can benefit you.
Not Sure How to Begin Planning?Download My FREE Personal Estate Planning Kit
- Contact Abbe Ernstes at (317) 968-7348 or firstname.lastname@example.org for additional information on charitable gift annuities or to chat more about the personal benefits of creating an annuity with Cathedral High School.
- Seek the advice of your financial or legal advisor.
- If you include Cathedral High School in your plans, please use our legal name and federal tax ID.
Legal Name: Cathedral Trustees, Inc.
Address: 5225 East 56th Street, Indianapolis, IN 46226
Federal Tax ID Number: 35-6254955
Payments for Life
Learn more about the many benefits of a charitable gift annuity in our FREE guide Strengthen Your Future With a Charitable Gift Annuity.View My Guide