Reflections Magazine Issue #71 - Spring 2010 | Page 26

Charitable Giving Give Receive & I n exchange for a gift of cash or appreciated stock, a Siena Heights University Charitable Gift Annuity provides the following benefits: • guaranteed, partially tax-free, lifetime income stream with attractive payout rates • immediate income tax savings through a charitable contribution deduction • capital gain tax savings for gifts of appreciated stock • the ability to see your gift at work on the Siena Heights University campus A Siena Gift Annuity is a great alternative for donors who have bank stocks which no longer are paying dividends. Sample Gift Annuity Rates: Age 65 - 5.3% Age 75 - 6.3% Age 70 - 5.7% Age 80 - 7.1% * Based on current rates for a single-life annuity. For more information on setting up a Siena Heights Charitable Gift Annuity, call the Advancement Office at: [phone]. Or email us at: [email protected].