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January 2012
Newsletter
Vol. 3 Issue 1
 

Thank You for Your Support of ASHRAE

 

If you’re receiving this newsletter, you’ve probably been making regular RP contributions to help ASHRAE underwrite important research initiatives. You may have also made gifts to ASHRAE Foundation or your local chapter to support scholarships for engineers in training.

 

Have you ever thought, I wish I could do more to support ASHRAE? Have you thought I would do more for ASHRAE if I could afford it? There may be a way to make a gift to ASHRAE and secure your financial future at the same time.

 

CHARITABLE GIFT ANNUITIES
A charitable gift annuity is a contract with ASHRAE Foundation in exchange for which you make a gift and receive fixed, guaranteed payments for life. Such a gift can be made make payments to you or other beneficiaries you designate. The annuity can be payable to up to two beneficiaries and the size of the annuity payment is based on the age of the donor or other beneficiaries. The minimum gift for a charitable gift annuity is $10,000 and all payment beneficiaries must be age 60 or older. 

 

Charitable gift annuities are issued through ASHRAE Foundation and backed by all of the Foundation’s assets. 

 

A gift annuity provides the following benefits:

  • A steady stream of income you can’t outlive
  • The assurance that payments are not subject to market risk or fluctuation
  • An immediate income tax charitable deduction
  • Potentially significant tax-free income
  • Reduction of capital gains tax if funded with appreciated property

 

One Life Rates

Two Life Rates

Age

Rate

Ages

Rate

  90+

9.0%

90/95+

8.8%

85

7.8%

85/90

7.3%

80

6.8%

80/85

6.1%

75

5.8%

75/80

5.3%

70

5.1%

 

 

 

What Will Your Payments Be?
We can provide a personalized example of how a gift annuity could work in your particular situation. Contact Margaret Smith at ASHRAE Foundation via email at MSmith@ashrae.org or by calling 678-539-1201.

 

You can also visit the ASHRAE Foundation web site to compute your benefits using our online calculator.  http://foundation.ashrae.biz/gift.html

 

 

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