CHARITABLE GIFT ANNUITIES

Increase Your Income with a Charitable Gift Annuity

If you want to increase your current income, consider a gift that pays you back! A charitable gift annuity may allow you to make a substantial gift to the Sisters while still providing for your personal financial needs. A gift annuity is attractive to many donors because it offers substantial tax benefits and may increase your cash flow.

The benefits of a charitable gift annuity are:

• Fixed payments annually for the rest of your life.
• Income payments are partially tax-free.
• Income tax deduction for a portion of your gift.
• Annuity rates are currently higher than most fixed income investments.
• Capital gains, if applicable, are spread over the life of the annuity, and not due in one lump sum.
• You receive the satisfaction of making a wonderful gift to benefit the Sisters and their ministries.

Example: Agnes, age 80, relies heavily on fixed income securities to meet her monthly commitments. The income from her investments (i.e. CDs, bonds) has been steadily dwindling over time. She has some money in savings, but prefers not to dip into that regularly. Agnes has always been an admirer of the Sisters and their ministries -- but can no longer afford to make an annual gift to support their work.

Agnes heard about a charitable gift annuity and requested information. She decided that once her CD matured, she would take $50,000 cash and give it to the SSMO Foundation to establish a gift annuity. The annuity will pay
her $4,000 each year (8.0% annual rate). A portion of the $4,000 will be taxed and a portion will be tax-free. Agnes also can claim an income tax deduction for a portion of her gift (approximately $23,000). She is very pleased that her current income will increase and will enable her to make a very large gift to the Sisters of St. Mary of Oregon.

Melissa Maxwell
Development Director
503-906-1139