Give and receive this holiday season with a charitable gift annuity
As the year draws to a close, you may consider making a tax-efficient gift to Duke through a life income gift known as a charitable gift annuity (CGA). CGAs provide a meaningful way to support Duke’s future while allowing you to secure a fixed income for you and your loved ones.
When you establish a CGA at Duke, you will:
- Earn an income tax deduction which can be used up to six consecutive tax years.
- Receive fixed payments (typically on a quarterly basis) for life.
- Decide what program area at Duke you will ultimately like to support.
CGAs can be funded with as little as $10,000. Younger donors may wish to defer income for a period of years in order to receive a higher payout once payments begin. This type of deferred annuity can be great retirement planning strategy.
For more information on CGAs or to view sample rates, please visit our website or contact a member of our team at giftplanning@duke.edu or 919-681-0464.