|Charitable Gift Annuity
|A Charitable Gift Annuity is very appealing if you have investments in low-yield assets such as bank CDs, bonds, or stocks. Contributing these assets to Vegas PBS can significantly increase your income.
Charitable gift annuity
A gift annuity is a simple contract between you and Vegas PBS. In exchange for your irrevocable gift of $5,000 or more in cash or securities, Vegas PBS agrees to pay a fixed sum each year—for life—to you or to you and another person of your choosing. You qualify for an income tax charitable deduction in the year you make your gift. The amount of the deduction and payments are based on the age of the annuitant(s) and whether the payments are for one person or for two people.
Your payments begin as soon as the contract takes effect. For example, if quarterly payments are elected, payments begin at the end of the quarter in which you make your gift.
Following are the Charitable Gift Annuity rates for one person as of January 1, 2012. These have been approved by the American Council on Gift Annuities.
The rates are for ages at the nearest birthday.
For more information, please feel free to contact Kelly McCarthy at or 702-799-1010, ext. 5319. We look forward to hearing from you!