Would you like to make a significant gift to the F.F. Thompson Foundation and still retain the income from that gift? With a Charitable Gift Annuity you can do just that, and get a hefty charitable deduction in the bargain!
Charitable Gift Annuities
A charitable gift annuity is a way to give and receive. In exchange for an irrevocable gift of $5,000 or more in cash, securities, or other assets, Thompson agrees to pay you a fixed sum each year for life. In most cases, part of each payment is tax-free, increasing each payment's after-tax value. Payments to the annuitants can be made quarterly, semi-annually or annually. Upon the death of the donor, the principal is paid to Thompson and put to use as the donor requested.
How it Works
Here's how it works for a single donor age 65 - In exchange for an irrevocable cash gift of $10,000 the donor would receive:
Rates and deductions may vary, so please check with us for specific information at (585) 396-6155 or click here to send us your information online. We will then get back to you with a specific illustration.
Send us an e-mail or call 585-396-6155.
Mailing address is:
F.F. Thompson Foundation
350 Parrish Street
Canandaigua, NY 14424