What if, in exchange for making a gift to Lewis & Clark, you could receive a stream of fixed payments for life; secure a charitable deduction for your income taxes; and benefit students and professors in lasting ways that mean the most to you?
What if, in exchange for making a gift to Lewis & Clark, you could receive a stream of fixed payments for life; secure a charitable deduction for your income taxes; and benefit students and professors in lasting ways that mean the most to you?
Such a three-for-one exchange is not only possible; it’s available right now. It’s called a charitable gift annuity (CGA) and here’s how it works.
Immediate and Long-Term Benefits for You
A CGA is a simple contract between you and Lewis & Clark. In return for your gift of cash or securities, you receive a stream of fixed, annual payments for life. How much you receive is based on the amount of your gift and your age. The older you are at the time you make the gift, the higher your payout rate will be. You will also receive a charitable income-tax deduction for the year in which you make your gift to Lewis & Clark. Plus, a portion of the payments you receive may be tax free. All payments are backed by the full assets of the institution. CGAs from Lewis & Clark are available in most—but not all—states.
Gift Planning
To establish a CGA or discuss your giving, contact Michael Davis, director of gift planning, at mpd@lclark.edu or 503-768-7911.
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