Gift Annuities

...a simple one-page agreement, providing you guaranteed, fixed income for life...

Do you want to make a gift to Stonehill and still retain income for yourself, your spouse or a loved-one?

Do you want a guaranteed, fixed income?

Would it be helpful to save current income taxes, capital gains taxes, or estate taxes?

If you answered "yes" to any of these questions, you may want to consider a Charitable Gift Annuity.

The Charitable Gift Annuity is a simple contract between you and Stonehill. In exchange for your gift Stonehill will pay you income for life. The payout rate is dependent upon the income beneficiary.

Here's an example:

John, Class of 1956, is 72 years old. John would like to make a gift to Stonehill to support the business administration program using 500 shares of stock that he bought for $12,500 some years ago which have now appreciated to $25,000. Currently, the stock does not pay a dividend. John would like to benefit Stonehill, but also realize a personal income benefit from his stock.

John can enter into a gift annuity agreement with Stonehill by which:

Stonehill will pay John an annual fixed income for life of $1,675, a portion of which will be completely tax-free.
John will also receive a charitable federal income tax deduction of approximately $10,000.

A Charitable Gift Annuity is easy to create. The agreement is less than one page in length, and Stonehill can tell you exactly how much income you will receive for your gift(s). Initial gift annuities can be funded with as little as $10,000 and subsequent annuities can start at just $5,000.

Gift Annuities offer solid financial security as your annual income is secured by all of Stonehill College's assets, not just the principal amount of your gift. In other words, Stonehill guarantees to make your income payments to you regardless of how the Gift Annuity performs financially.

Click here to calculate a charitable
gift annuity based on your own
age and numbers.