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
There's a way for you to support The Jackson Laboratory 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 to improve the health of people worldwide. You can also qualify for a variety of tax benefits, including a federal income tax charitable deduction when you itemize.
Dennis, 66, and Mary, 65, want to make a contribution to JAX but they also want to ensure that they have dependable income during their retirement years. They establish a $20,000 charitable gift annuity.
Based on their ages, they will receive a payment rate of 4.5 percent, which means that they will receive $900 each year for the remainder of their lives. They're also eligible for a federal income tax charitable deduction of $6,129* when they itemize. Finally, they know that after their lifetimes, the remaining amount will be used to accelerate the discovery of treatments, therapies and cures.
*Based on annual payments and a 3.2 percent charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.
Submit a few details and see how a charitable gift annuity can benefit you.
Legal Name: The Jackson Laboratory
Address: 600 Main Street, Bar Harbor, ME 04609
Federal Tax ID Number: 01-0211513