Gift Annuity
An annuity is an agreement between an individual and a charity. The donor transfers assets to a charity and receives fixed payments, a lifetime annuity, for the rest of his or her lifetime and/or lifetime of another person, if desired.
A Gift Annuity offers you a way to support causes in which you believe while benefiting from:
- Lifetime payments
- Management of assets
- Tax savings
- Favorable treatment of capital gains
The amount of fixed payments into an annuity is based on your life expectancy. The older you are, the higher the payment. Annuity payments can start right away or after you retire. Assets used to create an annuity can be cash, real estate or securities.
For any questions you may have on a Gift of Annuity, please contact us. We will be glad to help you.
Tim Bowman
Financial Planning Officer
Indiana Wesleyan University
4201 S. Washington Street
Marion, Indiana 46953
tim.bowman@indwes.edu
(765) 677-2466
Brian Lewis
Director of Estate Planning and Planned Giving
Indiana Wesleyan University
4201 S. Washington Street
Marion, Indiana 46953
brian.lewis@indwes.edu
(765) 677-2466
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