Charitable Gift Annuity

A Charitable Gift Annuity is a contract between a donor and the Museum

Here is how it works:

• You give a gift of Cash or Stock worth $5,000 or more
• Longyear Museum pays you a fixed income each year for the balance of your lifetime. Longyear applies the charitable gift annuity rates recommended by the American Council on Gift Annuities.
• When the contract ends, Longyear Museum receives the principal

Benefits to the Donor

• Charitable tax deduction at the time of the gift
• The possible bypass of capital gains taxes and a portion of the income received may qualify as tax-free

Rates of Return __________

Deferred Payment Charitable Gift Annuity

With a deferred payment gift annuity you can make your gift now and specify that your payments start at a future date, such as at your retirement. You will receive all the benefits of a Charitable Gift Annuity, plus because the payments are deferred, the rate of return is higher.