Making History Impact Annuity
Like a charitable gift annuity (CGA) this new giving vehicle provides guaranteed payments to you or a loved one. It’s an easy way for you to supplement your retirement income, and it’s a gift that can provide tax advantages while most importantly supporting the Wharton School. The Making History Impact Annuity provides a way for your gift to have an immediate impact. In exchange for a gift of $25,000 or more the University will provide guaranteed lifetime annuity payments at an attractive rate. You designate one of the Wharton priorities to receive the first five years of payments.* Thereafter, you enjoy the advantage of the annuity payments. On termination of the annuity, the balance again supports Wharton.
Benefits of an Impact Annuity:
• Immediate support for The Campaign for Wharton
• Supplement retirement income
• Attractive rates of return based on age of annuitant
• Guaranteed payments backed by the assets of the University
• Greater immediate charitable income tax deduction, given that the first five years of gift payments are included in the current charitable deduction
*Optional three year payment commitment for ages 75 and older
