Charitable gift annuities can help you achieve your giving goals. In addition, an annuity provides secure fixed payments for you for life and provides significant tax benefits.
A gift annuity is a simple, contractual agreement between you and The Baptist Foundation of Oklahoma. As a donor, you give assets, typically cash or securities, to a ministry through the Foundation in exchange for our promise to pay one or two annuitants payments for life. The payments are based on the age at the time of your contribution and are fixed for the life of the contract. Payout rates will increase July 1, 2010 (see table below). For more information on this type of an arrangement, call Sue Clifton at 800.949.9988 or e-mail at sclifton@bfok.org.
Click here to visit our gift annuity calculator.
One Life Two Lives
| Age |
Rate |
Age |
Rate |
| |
|
|
|
| 70 |
5.8% |
70/75 |
5.5% |
| 75 |
6.4% |
75/80 |
5.8% |
| 80 |
7.2% |
80/85 |
6.6% |
| 85 |
8.1% |
85/90 |
7.5% |
|
|
|
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