Extra Income Later,
When You Need It Most
How It Works
You make a contribution to us now of cash or appreciated
property you have owned longer than one year, and we agree to
pay you fixed payments for the rest of your life starting at any
date you select that is at least one year from now.
The rate used to determine the amount of the payments is based
on the age of the annuitant on the date the payments begin and
the length of time from the creation of the annuity to the first
annuity payment. The older the annuitant and the longer the
deferral, the higher the rate of the annual annuity payments.
On the next page you will see rates recommended by the
American Council on Gift Annuities, which most organizations
follow. Check with your estate planning attorney or our
representative for current rates and applicable ages for gift
annuity eligibility according to our most current policies.
If you're looking for ways to support Kansas City University of Medicine and Biosciences (KCU) and prepare for
your retirement, a deferred charitable gift annuity may be your answer.
annuitant: the person receiving the gift
annuity payments
fair market value: the price a willing buyer
and a willing seller can agree on
capital gain: the growth in value of an asset like
stock or real estate since the original purchase
cost basis: the original value of an asset,
such as stock, before its appreciation
or depreciation
