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 (Two-Life)

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Janice, age 75, and her husband, Joe, also age 75, want to increase their retirement income and to support the ministry of Wheaton College through a $10,000 charitable gift annuity.

Based upon their ages, Janice and Joe are eligible for a Wheaton College current gift annuity that pays an annuity rate of 5% or $500 each year for as long as either of them are living. Of that $500 annuity amount, $96.50 is treated as ordinary income and $403.50 as tax-free income (until the year 2027). Janice and Joe can also claim a current Federal charitable income tax deduction in the amount of $3,383.50.

Instead of using cash to fund their gift annuity, Janice and Joe could fund their gift annuity with appreciated stock and receive additional tax benefits. By funding their gift annuity with stock that has appreciated in value and that has been owned for longer than one year, Janice and Joe significantly reduce the federal (15%) and Illinois state (5%) capital gains taxes that they would have incurred had they sold the stock themselves.

Janice, age 75, and her husband, Joe, also age 75, want to increase their retirement income and to support the ministry of Wheaton College through a $10,000 charitable gift annuity.

Based upon their ages, Janice and Joe are eligible for a Wheaton College current gift annuity that pays an annuity rate of 5% or $500 each year for as long as either of them are living. Of that $500 annuity amount, $96.50 is treated as ordinary income and $403.50 as tax-free income (until the year 2027). Janice and Joe can also claim a current Federal charitable income tax deduction in the amount of $3,383.50.

Instead of using cash to fund their gift annuity, Janice and Joe could fund their gift annuity with appreciated stock and receive additional tax benefits. By funding their gift annuity with stock that has appreciated in value and that has been owned for longer than one year, Janice and Joe significantly reduce the federal (15%) and Illinois state (5%) capital gains taxes that they would have incurred had they sold the stock themselves.