If you are interested in learning more about Life Income Gifts, you may want to consider a charitable gift annuity that is administered by the DMNS Foundation. A charitable gift annuity allows you to make a gift to the Foundation and receive a lifetime income in return. Charitable gift annuities are frequently funded with cash or marketable securities with long-term appreciation. This gift option offers you the opportunity to transform non-income or low-income producing assets into a higher income stream for you and another person if you wish.
Your charitable gift annuity offers you positive benefits:
- You create a legacy for the Denver Museum of Nature & Science to assure the strength of our mission and programs for future generations.
- You are invited to become a member of the Museum’s esteemed Edwin Carter Legacy Society.
- You receive an income stream for the rest of your life, part of which may be tax-free.
- You obtain a charitable income tax deduction in the year of your gift.
- You may avoid capital gains tax if you fund your annuity with appreciated securities.
A charitable gift annuity can provide income payments that you receive either immediately or defer to a future date. Either type of gift annuity may be established with a minimum of $10,000. The immediate payment gift annuity requires a minimum age of 65; the deferred annuity can be initiated at age 50.
The American Council on Gift Annuities establishes payout rates used by the Museum to establish the donor’s lifetime annuity income. Please call 303.370.8251 to request a gift annuity profile that will summarize the benefits of establishing this life income gift. There is never an obligation when you request information.
