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’Tis the season to give and receive with a charitable gift annuity

Make an impact with a gift to Duke that pays you back

December 06, 2018 | by Brandy Chieco

’Tis the season to give and receive with a charitable gift annuity

Before 2018 draws to a close, consider supporting the Duke programs and areas you care about most with a charitable gift annuity. Charitable gift annuities (CGAs) provide a future source of support for Duke while securing a fixed income for you and your loved ones.

With a gift of $10,000 or more, you could receive charitable deductions and other tax-saving opportunities while supporting the Duke areas most meaningful to you.

Duke offers three CGA options that can provide income during your lifetime:

  1. An immediate payment CGA provides payouts to you and/or your loved ones shortly after you establish it. This option could provide current income tax deductions, and payments are made by direct deposit to your bank account.

  2. A deferred CGA may be the right fit for a donor who does not need additional income currently, but who is looking for a strategic way to increase income in the future and receive an income tax deduction this year. You choose a specific date in the future to begin receiving annuity payments, such as one year from now, five years or a later date. This deferral results in an increase in the annuity rate and an increased income tax deduction (which is still available in the year the gift is made).

  3. A flexible CGA offers more options to defer payments and increase your lifetime income. You choose between ranges of possible dates on which payments to you may begin. The longer you defer payments, the larger your payout rate will be.

To learn more about charitable gift annuities or to view sample rates, please visit our website or contact Duke’s Office of Gift Planning.

About the author


Brandy Chieco Assistant Director of Marketing and Communications

Brandy oversees marketing and communications, events and special initiatives for the Office of Gift Planning. She works closely with donors who are featured in Duke Magazine, the Blueprints blog and other publications. She also works closely with development teams, schools and alumni volunteers as part of our comprehensive reunion efforts. Prior to joining the team, Brandy worked in marketing, human resources and banking. She received her B.A. degree in English from the University of North Carolina at Greensboro. When she is not in the office, Brandy enjoys local theatre, exploring the diverse Durham food scene and spending quality time with her husband and son.

Brandy Chieco can be contacted via email or by phone at (919) 681-8030.

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