Sanford School: Planned Giving
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Giving to Sanford School: Planned Giving

Charitable Gift Annuities

CLICK HERE FOR A DETAILED EXPLANATION



How It Works

You transfer cash or securities to Sanford.

After the transfer, Sanford pays you, or up to two annuitants you name, fixed income for life.

The principal passes to Sanford when the contract ends.

Benefits

  • You receive an immediate income tax deduction for a portion of your gift.
  • Your annuity payments are guaranteed for life, backed by a reserve and the assets of Sanford.
  • Your annuity payments are treated as part ordinary income, part capital gains income (15%), and part tax-free income.
  • You can have the satisfaction of making a significant gift that benefits you now and Sanford later.

More

To learn more about charitable gift annuities, Email us, complete the Information Request Form, or call us at 302-239-5263 ext. 279 so that we can assist you.