The Charitable Gift Annuity

A Gift That Pays You Income

Gift Annuity Payout Rates*

Age Rate
60 4.5%
61 4.5%
62 4.6%
63 4.7%
64 4.8%
65 4.8%
66 4.9%
67 5.0%
68 5.1%
69 5.2%
70 5.3%
71 5.4%
72 5.5%
73 5.7%
74 5.8%
75 6.0%
76 6.1%
77 6.3%
78 6.5%
79 6.8%
80 7.0%
81 7.2%
82 7.5%
83 7.7%
84 7.9%
85 8.1%
86 8.3%
87 8.5%
88 8.7%
89 8.9%
90 9.1%

* Rates subject to change; please contact us for current rates.

Please call (313) 939-2002 for a free illustration or to obtain rates for a two-life or deferred gift annuity.

Br. McLean Bennett, Br. Mark Joseph Costello and Br. Jaico George

 

Are you looking to supplement your retirement income but disappointed in the rates offered for Certificates of Deposit or other types of instruments?

Creating a Charitable Gift Annuity with the Capuchin friars could be the perfect solution to this problem.

Creating a gift annuity is as easy as 1-2-3.

By making an irrevocable gift of $5,000 or more, you and/or someone you love will receive:

  1. Payments for life – a portion of which will be tax-free;
  2. A payout rate that will never change – the rate is tied to your age(s);
  3. A charitable tax deduction.

It’s that simple! In the future, through our Capuchin ministries, your gift will also:

  • feed the hungry;
  • give housing to the homeless;
  • offer a fresh start to those who have spiritually lost their way;
  • support our Capuchin seminarians and aging friars.

Your payments are a general obligation of the Capuchin Friars, Province of Saint Joseph, and are backed by all of our assets. 

A Capuchin gift annuity is truly a gift for the ages! Call Kristi Hassouna in our development office at 313-939-2002 or email [email protected] to request a free, no obligation proposal based on your personal situation.  

Download Gift Annuity Application (pdf)