How A Charitable Gift Annuity Works
Step 1:
Gift Cash or Securities
Make an irrevocable gift to NPCA by donating cash, securities or real estate.
Step 2:
Receive Income
Receive fixed income for life and a tax deduction the year you make your gift.
Step 3:
Support National Parks
The remaining balance passes to the National Parks Conservation Association.
How Much Can You Receive
Charitable gift annuity payment amounts vary based on your age when you begin receiving payments and the size of your gift. Tax benefits also vary based upon the asset used to fund a gift annuity. For example, if you have owned stocks in a company for several years and they have appreciated in value, you may receive extra tax benefits than if simply funding your gift annuity with cash.
Below are sample payment rates based on a gift of $10,000 cash...
| 65 | 5.7% | $570 | $3,409 |
|---|---|---|---|
| 70 | 6.3% | $630 | $3,658 |
| 75 | 7.0% | $700 | $4,078 |
| 80 | 8.1% | $810 | $4,485 |
| 85 | 9.1% | $910 | $5,260 |
| 90+ | 10.1% | $1,010 | $6,133 |
The figures above are sample rates for a single beneficiary and are for illustration purposes only. The deduction is variable and based on the highest available monthly IRS Discount Rate.
NPCA can offer deferred gift annuities to individuals ages 60-64 with income payments beginning at age 65 or older. If you are interested in creating a two-life deferred gift annuity, both annuitants must be at least 65 before distributions can be made from a gift annuity.