A Charitable Gift Annuity (CGA) establishes your Illinois State legacy with a lifelong commitment that will benefit you and Illinois State University for years to come.
With a CGA, you can make a gift to the University in the area of your choosing, and you immediately begin to experience the benefits. When you make your CGA gift, you become eligible to take a partial tax reduction, and you establish a fixed stream of income for the rest of your life. This arrangement immediately begins benefiting you while also impacting future generations of Redbirds.
Lifetime individual payout rates are personalized based upon your age(s) at the time of your gift(s). They begin at 4.8% for a 55-year-old and can run as high as 10.1% for those over the age of 90. Additionally, two life-payout rates are available for you and your spouse and typically run lower than individual payout rates.
At the end of your life, the remainder of the gift will go to the University to impact your chosen area of support. The impact of your gift will be felt by future Redbird students, and it will create your long-lasting Redbird legacy.
A CGA is a powerful giving tool that benefits you while demonstrating your commitment to the Redbird community.
To learn more about establishing a Charitable Gift Annuity, contact a member of our development team today.
