THE VOLUNTEER, December 2001 21
ALBA's planned giving pro-
gram provides an extraordinary
way to make a gift, increase
income and slice the donor's tax
bill all in one transaction!
The charitable gift annuity pro-
gram was created for our many
friends who have expressed a desire
to make a significant gift, while still
retaining income from the principal
during their lifetime. A charitable
gift annuity gives the donor addi-
tional retirement income, while
affording the satisfaction of sup-
porting ALBA's continuing
educational programs and its tradi-
tions of fighting for social justice
and against fascism.
H
HO
OW
W D
DO
OEESS A
A C
CH
HA
AR
RII--
T
TA
ABBLLEE G
GIIFFT
T A
AN
NN
NU
UIIT
TY
Y
W
WO
OR
RK
K??
A charitable gift annuity is a
simple contract between you and
the Abraham Lincoln Brigade
Archives (ALBA). Under this
arrangement, you make a gift of
cash or marketable securities, worth
a minimum of $5000, to ALBA. In
return, ALBA will pay you (or up to
two individuals) an annuity begin-
ning on the date you specify, on or
after your sixtieth (60th) birthday.
W
WH
HA
AT
T A
AR
REE T
TH
HEE
A
AD
DV
VA
AN
NT
TA
AG
GEESS O
OFF A
A
C
CH
HA
AR
RIIT
TA
ABBLLEE G
GIIFFT
T
A
AN
NN
NU
UIIT
TY
Y??
A charitable gift annuity has
four distinct advantages:
Income for Life
at attractive payout
rates.
Tax Deduction Savings
A large
part of what you give is a
deductible charitable gift.
Tax-Free Income
A large part of
your annual payments is tax-free
return of principal.
Capital Gains Tax Savings
When
you contribute securities for a gift
annuity, you minimize any taxes on
your "paper profit." So gifts of secu-
rities save twice!
P
PA
AY
YM
MEEN
NT
TSS
You choose how frequently
payments will be made quarterly,
semi-annually or annually. You can
also choose a one-life or two-life
(two people dividing the income)
annuity. Cash gifts allow maxi-
mum tax-free income; gifts of
securities allow you to minimize
capital gains taxes.
D
DEEFFEER
RR
RIIN
NG
G PPA
AY
YM
MEEN
NT
TSS
If you are under 60 years of age,
you can still set up an annuity and
defer the payments until any date
after your 60th birthday. This gives
you an immediate tax-deduction for
your gift while still guaranteeing
you income payments in the future.
Because you are deferring pay-
ments, your annuity payments will
be larger than if you had waited to
set up the annuity until your 60th
birthday.
For more information on a cus-
tomized proposal for your Charitable
Gift Annuity, please contact:
Jay Greenfield
539 Oakhurst Road
Mamaroneck, NY 10543
Ph. (914) 698-6283
A
ALLBBA
A''ss N
Neew
w PPllaan
nn
needd
A
ALLBBA
A''ss N
Neew
w PPllaan
nn
needd
G
Giivviin
ngg PPrrooggrraam
m
G
Giivviin
ngg PPrrooggrraam
m
Tax Advantages for Gift Annuities
