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Charitable Gift Annuities

CLICK HERE FOR A DETAILED EXPLANATION


How It Works

You transfer cash or securities to The Latin School.

After the transfer, The Latin School pays you, or up to two annuitants you name, fixed income for life.

The principal passes to The Latin School when the contract ends.

Benefits

  • You receive an immediate income tax deduction for a portion of your gift.
  • Your annuity payments are guaranteed for life, backed by a reserve and the full assets of The Latin School.
  • Your annuity payments are treated as part ordinary income, part capital gains income (15%), and part tax-free income.
  • You have the satisfaction of making a significant gift that benefits you now and The Latin School later.

More

To learn more about charitable gift annuities, E-mail us, complete the Information Request Form, or call us at (312) 582-6042 so that we can assist you.




The Latin School of Chicago
59 W. North Blvd.
Chicago, IL 60610
(312) 582-6042 | Fax: (312) 582-6041



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