Make a significant future gift to us while retaining, or in many cases increasing, the income you receive from the asset used to make the gift.
A charitable gift annuity pays you a fixed dollar amount (an annuity) for your lifetime and that of another individual, if desired, based upon your age(s) at the time of your gift. The older you are, the higher the annuity. If you use appreciated property, such as stocks, to fund the gift annuity, you will escape the capital gains tax on the gift portion of the transaction and the remaining gain will be apportioned over your lifetime. This is a wonderful way to increase income from stocks that pay small dividends and carry heavy capital gains.
Here’s How It Works:
- You transfer cash or securities to Keep Iowa Beautiful.
- Keep Iowa Beautiful makes fixed payments to you for as long as you live.
- After your lifetime, remaining funds are released to support community enhancement projects in Iowa.
Single Life
| Age: 60 | Rate: 5.7% |
| Age: 70 | Rate: 6.5% |
| Age: 80 | Rate: 8.0% |
| Age: 90+ | Rate: 11.3% |
Two Lives
| Ages: 60 & 65 | Rate: 5.5% |
| Ages: 70 & 75 | Rate: 6.1% |
| Ages: 80 & 85 | Rate: 7.3% |
| Ages: 85 & 90 | Rate: 11.3% |
Rates became effective July 1, 2006 and are subject to change without notice.
Gift annuities can also make payments to two persons and may provide substantial tax savings. Annuity payments can begin immediately, or they may be deferred until a later date. Annuity contracts are backed by the full faith and credit of the Greater Des Moines Community Foundation.
For a personalized charitable gift annuity illustration, please contact Beth Hicks, Director of Advancement Services at 515.277.4898 or bhicks@keepiowabeautiful.com.