Example of Immediate Gift Annuity

How it works:

  • You transfer cash, securities, or other property to Whitman College.
  • You receive an income tax deduction and may save capital gains tax.
    • Whitman College pays a fixed amount each year to you or to anyone you name for life. Typically, a portion of these payments is tax-free.
  • When the gift annuity ends, its remaining principal passes to Whitman College.

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