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Charitable Gift Annuities
CLICK HERE FOR A DETAILED EXPLANATION
How It Works
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You transfer cash or
securities to The Latin School. |
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After the transfer, The Latin School pays
you, or up to two annuitants you name, fixed income for life. |
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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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