Turn Your Generosity Into Lifetime Income
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 Free Brochure
When you are looking for ways to help McQuaid Jesuit with our mission, you shouldn't feel like you are choosing between your philanthropic goals and financial security. One gift that allows you to support McQuaid Jesuit's work while receiving fixed payments for life is a charitable gift annuity.
Not only does this gift provide you with regular payments and allow us to further our work, but when you create a charitable gift annuity with McQuaid Jesuit you can receive a variety of tax benefits, including a federal income tax charitable deduction when you itemize.
Delay Your Payments
If you are younger than 60 or don't need your payments immediately, you can set up a deferred gift annuity. This allows you to delay receiving payments until a later date—such as when you reach retirement. To learn more, view and download the FREE guide Plan for Retirement With a Deferred Gift Annuity.
Check Out This Potential Scenario
Say that Justin, 66, and Mary, 65, want to make a contribution to St. Mary's Dominican High School that will support our work for generations to come, but they also want to ensure that they have dependable income during their retirement years. They establish a $20,000 charitable gift annuity with St. Mary's Dominican High School. Based on their ages, they will receive a payment rate of 4.5 percent, which means that they will receive $900 each year for the remainder of their lives. They're also eligible for a federal income tax charitable deduction of $6,129* when they itemize. Finally, they know that after their lifetimes, the remaining amount will be used to support our mission.
*Based on annual payments and a 3.2 percent charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.
See How It Works
Calculate Your Benefits
Submit a few details and see how a charitable gift annuity can benefit you.
- Contact Pamela White at 585-256-6183 or email@example.com for additional information on charitable gift annuities or to chat more about the personal benefits of creating an annuity with McQuaid Jesuit.
- Seek the advice of your financial or legal advisor.
- If you include McQuaid Jesuit in your plans, please use our legal name and federal tax ID.
Legal Name: McQuaid Jesuit
Address: 1800 South Clinton Avenue, Rochester, NY
Federal Tax ID Number: #16-0781584