Deferred-Payment Gift Annuity

Deferred-Payment Charitable Gift Annuity Diagram

How It Works

  1. Transfer cash or other property to Taft
  2. Taft 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 Taft

Benefits

  • Payments for life that are favorably taxed
  • When gift is funded with cash, part of payment will be tax-free
  • 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 Taft

More Information

Contact Us

Stephen W. Starnes, Sr.
Planned, Estate & Major Gifts
Office: 860-945-7747
Mobile: 215-789-8125
SStarnes@TaftSchool.org

 

The Taft School
110 Woodbury Road
Watertown, Connecticut 06795

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