Charitable Gift Annuity
Gifts That Pay You Income
There's a way for you to support Claremont Graduate University and feel confident that you have dependable income in your retirement years. You can do this with a charitable gift annuity.
This type of donation can provide you with regular payments and allow us to further our work. You can also qualify for a variety of tax benefits, including a federal income tax charitable deduction when you itemize.
Imagine the Following Scenario
You and your spouse or partner are approaching retirement. You want to make a contribution to CGU but also want to ensure that you have dependable income during your retirement years as a couple. You establish a $20,000 charitable gift annuity.
Based on your ages, you will receive a payment rate of 3.9%, or $780 each year for the remainder of your lives. You both are also eligible for a federal income tax charitable deduction of $4,878* when you itemize. Finally, you can know that after your lifetimes, the remaining amount will be used to support our mission.
*Based on a 1.2% charitable midterm federal rate. Deductions and calculations will vary depending on your individual circumstances.
See How It Works
- Contact Claremont Graduate University at (909) 621-8027 or firstname.lastname@example.org for additional information on charitable gift annuities or to chat more about the personal benefits of creating an annuity with CGU.
- Seek the advice of your financial or legal advisor.
- If you include CGU in your plans, please use our legal name and federal tax ID.
Legal Name: Claremont Graduate University
Address: 165 E. 10th Street, Claremont, CA 91711
Federal Tax ID Number: 95-1664100
Payments for Life
Learn more about the many benefits of a charitable gift annuity in our FREE guide Strengthen Your Future With a Charitable Gift Annuity.View My Guide
Calculate Your Benefits
Calculate Your Benefits
Submit a few details and see how a charitable gift annuity can benefit you.
Fund Your Donation With:
Gifts That Pay
Your payments depend on your age at the time of the donation. If you are younger than 60, we recommend that you learn more about your options and download this FREE guide Plan for Retirement With a Deferred Gift Annuity.
Not Sure How to Begin Planning?Download My FREE Personal Estate Planning Kit
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.