Charitable Gift Annuities
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How It Works
You transfer cash or securities to Spelman College.
After the transfer, Spelman College pays you, or up to two annuitants you name, fixed income for life.
The principal passes to Spelman 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 Spelman 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 Spelman College later.
More
To learn more about charitable gift annuities, Email us, complete the Information Request Form, or call us at so that we can assist you.
Spelman College
350 Spelman Lane, S.W., Box 1551
Atlanta, GA 30314
(404) 270-5126 | Fax: (404) 270-5050