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Charitable Gift Annuities

A Charitable Gift Annuity is part charitable donation and part investment. By purchasing a CGA, a donor can both support the United States Navy Memorial and receive a guaranteed fixed income for life. Part of the income is tax free, and donors will be allowed a one-time charitable income deduction. A CGA offers a much higher rate of return than a bank savings account or certificate of deposit, in addition to the tax benefits. Sample rates are below:

One Annuitant with a $5,000 donation:

Age

Rate

70

6.5%

75

7.1%

80

8.0%

85

9.5%

Married couple with a $5,000 donation:

Age

Rate

70 / 70

5.9%

75 / 75

6.3%

80 / 80

6.9%

85 / 85

7.9%

 

Please keep in mind that the minimum amount of a CGA is $5,000 and that minimum age is 60.

Holders of CGAs will also join the Naval Heritage Fleet and have their names displayed in our Heritage Center.

To request more information or a CGA proposal with personalized rates, please contact:

Paul T. Haley
Director of Planned Giving
U.S. Navy Memorial Foundation
701 Pennsylvania Avenue, NW
Suite #123
Washington, DC 20004-2608
1-800-821-8892, Ext. 760
Fax: 202-737-2308
E-mail: PaulHaley@navymemorial.org


 
 

 


 


 
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