Charitable Annuity

The simplest way to make a deferred gift to Pacific Lutheran University, while at the same time receiving an income for life (for one or two persons), is through an arrangement called a charitable gift annuity. The income received is based on the age of the income beneficiary(ies). Benefits include:

• Guaranteed lifetime income, part of which is tax free,
• A charitable income tax deduction,
• Freedom from investment and management worries, and
• An eventual gift to Pacific Lutheran University.

The minimum amount needed to fund a charitable gift annuity is $10,000.

The minimum age for a charitable gift annuity arrangement is 60.

$10,000 Charitable Gift Annuity Example (single life)