Charitable Gift Annuity—Immediate Payment

Immediate-Payment Charitable Gift Annuity Diagram

How It Works

  1. Transfer cash or other property to Fisher
  2. Fisher agrees to make payments for the life of one and up to two annuitants (payments are backed by our entire assets)
  3. The balance of the transfer inures to Fisher

Benefits

  • Payments for life that are favorably taxed
    1. When gift is funded with cash, part of payment will be tax-free
    2. When gift is funded with appreciated property, part will be taxed as capital gain, part will be tax-free, and part will be taxed as ordinary income
  • Federal income-tax deduction for a portion of your gift
  • Gift will provide generous support for Fisher

More Information

Contact Us

Thomas Doupe
Director of Planned Giving
(585) 385-7337
tdoupe@sjfc.edu

 

St. John Fisher College
3690 East Avenue
Rochester, NY 14618

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