Planned Giving

print this page email this page decrease font size increase font size

Deferred-Payment Gift Annuity

 

Deferred-Payment Charitable Gift Annuity Diagram

 

How It Works

  1. Transfer cash or other property to the Cornell Lab of Ornithology
  2. The Cornell Lab of Ornithology guarantees to make lifetime payments—for up to two annuitants—beginning at a future date of your choosing

 

Benefits

  • Guaranteed payments for life that are favorably taxed
  • When gift is funded with cash, part of payment will be tax-free
  • When gift is funded with appreciated property, part will be taxed as capital gain, part will be tax-free, and part will be taxed as ordinary income
  • Federal income-tax deduction for a portion of your gift
  • Gift will provide generous support for the Cornell Lab of Ornithology

 

Next Steps

Back
© Pentera, Inc. Planned giving content. All rights reserved.