The Gift That Pays
If you make a gift to support a specific area of interest, such as scholarships or campus improvements, you can do so via a gift that gives you cash back.
A charitable gift annuity is the oldest, simplest, and most popular of the charitable life-income plans. A gift annuity is a legal contract under which an individual receives fixed-income payments for life in exchange for a gift to Johns Hopkins. Donors can claim a current charitable deduction for a specified portion of their gift. What's more, a portion of each annuity payment is income-tax-free over their lifetime. Johns Hopkins sets its annuity rates in accordance with the American Council on Gift Annuities (ACGA) suggested charitable gift annuity rates.
Gift annuities are attractive to a variety of people interested in fixed income, particularly when compared to such popular fixed-income alternatives as 10-year Treasury Bills and five-year CDs. Consider a 67-year-old man who contributes $100,000 to a charitable gift annuity.
| Annuity Amount |
$100,000 |
| Charitable Deduction |
$21,457 |
| Annuity Rate |
5.7% |
| Annual Income |
$5,700 |
The minimum amount required to establish a charitable gift annuity at Johns Hopkins is $5,000.
If you would like to explore the benefits of charitable gift annuity, contact the Johns Hopkins Office of Gift Planning and a planned giving advisor will be glad to assist you.
Steve Miller
Senior Gift Planning Advisor
Johns Hopkins Institutions
Wyman Park Building, S-715
3400 North Charles Street
Baltimore, Maryland 21218 USA
410-516-7954
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