Charitable Gift Annuity​

          Charitable Gift Annuity

          CGA Diagram

          How It Works

          • You transfer cash or securities to Edinboro University. Our minimum suggested gift requirement is $10,000.
          • Edinboro University pays you, yourself and a spouse, or any two beneficiaries you name, fixed payment for life.
          • Beneficiaries are recommended to be at least 65 years of age at the time of the gift.
          • The remaining balance passes to Edinboro University when the contract ends.

          Benefits

          • Receive more income for your money because of higher rates.
          • Receive dependable, cash-flow for life, regardless of fluctuations in the market.
          • In many cases, receive payments at a rate higher than the interest you are currently receiving on investments.
          • Receive an immediate income tax deduction for a portion of your gift.
          • A portion of your annuity payment will be tax-free for a number of years.
          • Are you a younger donor? Consider a deferred gift annuity.

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