If you’re looking for secure, stable income that provides a higher than average rate of return, now may be the time to consider a charitable gift annuity.  On July 1, gift annuity rates increased for single-life annuitants through age 81 and two-life annuity rates at many ages.

Charitable gift annuities allow you to:

• Receive fixed payments for life regardless of market fluctuations—a portion of which may be tax free
• Gain an income tax deduction for 2010
• Help fund the causes you care about most, while turning a low performing asset into a reliable income stream for life

Here’s a look at the updated charitable gift annuity rates from the American Council on Gift Annuities:

Based on Single Life

Age	Rate
55	5.0
65	5.5
70	5.8
75	6.4
80	7.2
85	8.1
90	9.5

To learn more about gift annuities and to access a tool that will provide you a personalized illustration, please click here. 

You may also contact Gina Bovee, development director at 616.454.1751 x113 or gbovee@grfoundation.org with any questions about this giving tool.