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Charitable Gift Annuity

A charitable gift annuity is a contractual arrangement between the donor and the College. In exchange for your irrevocable gift, Juniata agrees to pay one or two annuitants who you designate a fixed sum annually for life. The payout rate is determined by the age of the annuitant(s). The payments are guaranteed by the general resources of Juniata. Juniata uses the annuity rates recommended by the American Council on Gift Annuities.

Assets commonly used to fund gift annuities include

Juniata requires a minimum gift of $10,000 for creating a charitable gift annuity. The minimum age of the income beneficiaries is 50. The maximum number of income beneficiaries allowed at Juniata is two.

Benefits of a charitable gift annuity

Deferred Payment Gift Annuity

Some younger donors may contribute to a deferred payment gift annuity and then choose to wait until retirement to receive income.

Benefits of a deferred charitable gift annuity

Juniata requires a minimum gift of $10,000 for creating a deferred payment gift annuity. The minimum age of the income beneficiaries is 35. Payment of the annuity may not begin before the youngest annuitant reaches age 50 and the deferral period should not exceed 30 years. The maximum number of income beneficiaries allowed at Juniata is two.