Charitable Gift Annuities
Charitable gift annuities are the easiest way to make a gift to The Seton Fund and receive income in return.
Charitable gift annuities provide fixed annual payments for the lifetime of the annuitant. Annuity rates range from 5% to 12% depending on the age of the annuitant(s). You can also defer the annual payments to a later date specified at the time the gift is made. The deferral results in a higher annuity rate.
Gift annuities are attractive to donors who want to convert appreciated stocks into a reliable source of income or increase their income from investments like CDs or money market funds.
Benefits of creating a charitable gift annuity include:
- Potential for increased income
- Partially tax-free income
- Receive a charitable income tax deduction
- Bypass capital gains taxes that would have been due upon the sale of the stock
- Remove the property from your taxable estate
- Membership in The Vincentian Society of The Seton Fund
For a personalized calculation showing the benefits of a charitable gift annuity, please contact Bryan Rubio, Director of Planned Giving, at (512) 324-3302 or by e-mail at Bryan Rubio.
Information for Professional Advisors
Useful Planning Ideas for Donors