Office of Gift Planning: Winter Gift Annuity Standard Postcard

Even if the road has not been plowed‌

…the path to a secure life income is clear.

Consider the stability of a charitable gift annuity—an agreement between you and Phillips Academy that pays you a fixed income for life (some of which may be tax-free).

Based on a gift of $10,000, you would receive:

Age at Creation

Payout Rate

Annual Tax Payment Deduction

70

5.50% $550 $3,531

75

6.20% $620 $4,124

80

7.50% $750 $4,447

85

8.40% $840 $5,285

80 & 75

5.60%

$560

$3,663

85 & 80

6.70%

$670

$4,002

Questions? Contact Andover’s Gift Planning Office at 978-749-4281 or giftplanning@andover.edu for details, or visit www.andover.edu/webcalc to run your own anonymous calculations.

Thank you for considering an Andover charitable gift annuity as part of your investment portfolio. Not only will it earn you a fixed income for life—it’s also a smart way to contribute to your class gift!

Photograph on opposite side: Oliver Wendell Holmes Library, 1956, by Cookson.

Archives and Special Collections, Phillips Academy, Andover

180 Main Street Andover, MA 01810-4161