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Many North Dakotans have established gift annuities with the North Dakota Community Foundation-here's why: |
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Income for Life! |
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*Depending upon your age, income rates can be much higher than available from traditional investments. A chart with sample rates and income tax deduction amounts appears below. |
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Sample
Annual Gift Annuity Payout
For a $10,000 gift.* |
| Age |
Annuity |
Income
Tax Deduction |
| 60 |
$660 |
$3,400
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| 65 |
$700 |
$3,600 |
| 70 |
$750
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$3,900
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| 75 |
$820 |
$4,300 |
| *rates
subject to change, for illustration only |
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Tax Savings. |
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Gift annuities qualify for a charitable deduction from your income tax in the year you made the gift. |
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Immediate Income, or Deferred Income. |
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You can begin annuity payments immediately, or defer them to supplement your retirement income. |
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A Charitable Legacy. |
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The North Dakota Community Foundation's mission is to improve the quality of life for North Dakota's Citizens, your gift will be used in support of that mission. |
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Payments Partially Tax-Free! |
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A portion of the income from your Charitable Gift Annuity is free from income tax. |
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For a custom proposal, please complete the following: |
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