Charitable Gift Annuities

With a charitable gift annuity, you can increase your income dramatically, earn a generous income tax deduction, and make a significant gift to Marietta College. 

A charitable gift annuity is a simple contract between you and Marietta College. In exchange for your irrevocable gift of cash or securities, the College will pay you and/or another person you name a guaranteed lifetime income.

 There are a lot of donor benefits to charitable gift annuities.

• Lifetime income is predictable, dependable, and includes a tax-free portion, often half of the income or more.

• Capital gains taxes are prorated over the investor’s lifetime for gifts of appreciated securities. No capital gains tax is due at the time the gift annuity is transferred.

• Donors may take a charitable deduction from their income tax for the portion of the transaction designated as a charitable gift. This portion is based on the ages of and number of beneficiaries.

• Income from a charitable gift annuity is guaranteed and backed by the assets of Marietta College.

• Annuities are administered and invested at no cost to the donor.

There is a $25,000 minimum amount required for this type of gift.

Donors can delay the beginning of income payments from their gift annuity. The deferral produces both a higher income rate and a larger charitable deduction than does an annuity paying income immediately.

Many donors set payments to begin at a future date when they or their spouse will need additional income. The deferred gift annuity is especially attractive to donors still in high-income years that are looking for both tax deductions and additional sources of retirement income.

A deferred gift annuity is an excellent way to make a gift to Marietta College and receive a charitable income tax deduction while providing income for the future.

There is a $25,000 minimum amount required for this type of gift.

Annuitant must wait at least 1 year after making their contribution before receiving payments from a deferred gift annuity.