Like most charities nationwide, Mount Vernon uses rates for charitable gift annuities recommended by the American Council on Gift Annuities.
A gift annuity typically produces an effective benefit greater than the nominal annuity rate because of the tax deduction and the significant portion of each annuity payment that will be taxed favorably for many years.
Gift annuity rates are based on actuarial data and thus are dependent on age. When two people establish an annuity together, the annuity rate is always slightly less than the one-life rate for the younger of the two people.
The American Council on Gift Annuities rates serve as our maximum rates for annuities with current payments; donors sometimes accept less than the maximum rate as a charitable gesture. Alternatively, you may wish to defer payments in order to secure a higher rate.
Shown below are the one-life rates for ages 50 and above:
50 5.1% 70 6.1%
51 5.2% 71 6.2%
52 5.2% 72 6.3%
53 5.2% 73 6.5%
54 5.2% 74 6.6%
55 5.3% 75 6.7%
56 5.3% 76 6.9%
57 5.4% 77 7.0%
58 5.4% 78 7.2%
59 5.4% 79 7.4%
60 5.5% 80 7.6%
61 5.5% 81 7.8%
62 5.6% 82 8.0%
63 5.6% 83 8.3%
64 5.7% 84 8.6%
65 5.7% 85 8.9%
66 5.8% 86 9.2%
67 5.9% 87 9.5%
68 6.0% 88 9.8%
69 6.0% 89 10.1%
90 and above - 10.5%
Planned Giving Calculator
Our web-based calculator can provide you with charitable deduction calculations for a broad range of planned gifts. You may explore a variety of gift options privately, by entering your basic information, customizing your figures, and changing your options any time. This interactive planned giving calculator provides you with an additional tool to evaluate your various planned gift options.
Note: Mount Vernon does not provide tax or legal advice. Gift calculations are provided for illustrative purposes only. The actual values may vary based on the timing of your gift. Please consult your attorney or tax advisor prior to entering into any gift planning arrangement.
We Invite You to Contact Us
In all of our 150 years of existence, the Mount Vernon Ladies’ Association has neither requested nor accepted government funding. We are a 501(c)(3) charity and our programs and endowment depend on your support. Our tax identification number is 54-0564701.
Direct your confidential inquiries to:
Mount Vernon Gift Planning
P.O. Box 110, Mount Vernon, VA 22121
1-800-780-1799 / specialgifts@mountvernon.org
Information also available at mountvernon.org/specialgifts.
This information provided by Mount Vernon is not financial, tax, or legal advice.
You should consult your advisors before making your charitable giving decisions.
