Charitable Gift Annuities
CLICK HERE FOR A DETAILED EXPLANATION
How It Works
You transfer cash or securities to Connecticut College.
After the transfer, Connecticut College pays you, or up to two annuitants you name, fixed income for life.
The principal passes to Connecticut College when the contract ends.
Benefits
- You receive an immediate income tax deduction for a portion of your gift.
- Your annuity payments are guaranteed for life, backed by a reserve and the full assets of Connecticut College.
- Your annuity payments are treated as part ordinary income, part capital gains income (15%), and part tax-free income.
- You have the satisfaction of making a significant gift that benefits you now and Connecticut College later.
More
- Is this gift for you? Click here.
- Read more detail. Click here.
To learn more about charitable gift annuities, Email us, complete the Information Request Form, or call us at (860) 439-2414 so that we can assist you.
Connecticut College
270 Mohegan Avenue
New London, CT 06320-4196
(860) 439-2414 | Fax: (860) 439-5455
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