A charitable gift annuity (CGA) is a contract between the donor and the school. A CGA offers fixed payments for life. The donor contributes cash or marketable securities to Catlin Gabel in exchange for Catlin Gabel’s contractual promise to pay the donor and another annuitant, if desired, a guaranteed income for life at a rate based on the age(s) of the annuitant(s). Catlin Gabel asks that you give a minimum of $25,000 to establish a charitable gift annuity.
A deferred gift annuity is another form of charitable gift annuities in which payments start more than one year after the annuity is established. These are appropriate for those in income earning years who anticipate a need for income after retirement but could use an immediate charitable tax deduction.
For more information about gift annuities, please contact:
Major Gifts Officer
503-297-1894 ext. 308