Deferred Gift Annuity
Younger donors may find the deferred charitable gift annuity an attractive giving alternative. You make the gift now and defer the payments until a future date determined by you. The annuity rate is based on your age at the time you establish the annuity and the number of years before the first payment.
With such a gift, you can receive the following benefits:
A substantial charitable income tax deduction in the year the gift is made.
Deferred annuity payments - an advantage because payments are often deferred until retirement when you will probably be in a lower income bracket.
Annuity payments, a portion of which are tax-free if established with cash or non-appreciated securities, are fixed, and you need not be concerned about fluctuations in interest rates.
Your philanthropy can help secure the future of Hellenic College Holy Cross Greek Orthodox School of Theology.
As stated previously, the material in this entire section ("Giving Opportunities") of our website is designed to furnish our alumni and friends with general information. It is not intended as legal or financial advice. When considering a charitable gift, be sure to consult your attorney, professional adviser or accountant to ensure that it meets your individual circumstances. The Office of Institutional Advancement will be happy to assist you and your advisers in developing an approach that will best fit your needs and desires. If you would like further information concerning giving opportunities, please contact the Office of Institutional Advancement, Hellenic College Holy Cross Greek Orthodox School of Theology, 50 Goddard Avenue, Brookline, MA 02445, (617) 850-1268.