Giving to Wheaton College

I wanted to contribute to Wheaton’s overall mission of Christian education. [A gift annuity] guaranteed that my investment would be producing results, regardless of how long I lived.

Giving to Wheaton College

I thought of [Wheaton's motto 'For Christ and His Kingdom'] when deciding to include Wheaton in my will. It’s something I can count on.

Giving to Wheaton College

Wheaton made me aware of the nature of a Christian liberal arts college, what a Wheaton liberal arts education can do to graduate students who stand tall for Christ in their chosen profession.

Martha Brownlee

Martha Brownlee

Blanchard Society

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Cynthia Kenyon

Cynthia Kenyon

Blanchard Society

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George Newitt

George Newitt

Blanchard Society

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Example: Current Payment Gift Annuity (Single-Life)

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Joanne, age 70, wants to increase her retirement income and to support Wheaton College at the same time.

Based upon her age, Joanne is eligible for a Wheaton College gift annuity that pays an annuity rate of 5.1%. In exchange for her cash gift of $10,000, Wheaton will provide Joanne with an annuity of $510 per year for as long as she is living. Of that $510, $106.59 will be treated as ordinary income and the remaining $403.41 as tax-free income (until year 2027). In addition, Joanne can claim a current Federal charitable income tax deduction of $3,582.16.

Instead of using cash to fund her gift annuity, Joanne could fund her gift annuity with appreciated stock and receive additional tax benefits. By funding her gift annuity with stock that has appreciated in value and that has been owned for longer than one year, Joanne significantly reduces the federal and state capital gains taxes that she would have incurred had she sold the stock herself.

Joanne, age 70, wants to increase her retirement income and to support Wheaton College at the same time.

Based upon her age, Joanne is eligible for a Wheaton College gift annuity that pays an annuity rate of 5.1%. In exchange for her cash gift of $10,000, Wheaton will provide Joanne with an annuity of $510 per year for as long as she is living. Of that $510, $106.59 will be treated as ordinary income and the remaining $403.41 as tax-free income (until year 2027). In addition, Joanne can claim a current Federal charitable income tax deduction of $3,582.16.

Instead of using cash to fund her gift annuity, Joanne could fund her gift annuity with appreciated stock and receive additional tax benefits. By funding her gift annuity with stock that has appreciated in value and that has been owned for longer than one year, Joanne significantly reduces the federal and state capital gains taxes that she would have incurred had she sold the stock herself.