Charitable Gift Annuity

Charitable Gift Annuities (CGAs) are a wonderful way to provide income for yourself and/or a loved one while also making a gift to support Georgetown. For a one time donation to Georgetown, we will make regular, fixed payments to up to two individuals for the rest of their lives. This can include you, a spouse, children, parents, or friends and loved ones. The minimum contribution to create a CGA is $10,000 for one-life and $25,000 for two-lives (restrictions may apply).

In addition to these fixed annuity payments, you receive a charitable tax-deduction in the year you make your gift. After the beneficiaries of the CGA have passed, the remaining funds go to Georgetown for future generations. We also offer competitive rates compared to those offered by banks, making them a competitive investment option for individuals seeking to diversify their revenue stream in retirement. Additionally, CGAs funded with appreciated securities may allow you to avoid capital gains tax on the appreciation.

An alum is looking to secure her finances in retirement. She has a nest egg of $25,000 that she would like to give to Georgetown while also receiving fixed payments on her schedule.

At 70 years old, she qualifies for an annuity rate of 6.6%, meaning she would receive $1,575 per year. Additionally, she would take a charitable deduction of $8,634.25* this year, giving her some relief in her taxes while also knowing her gift is going to the school she loves rather than a bank after her lifetime.

*Based on rates in September 2023

If you prefer, you can also create a Deferred Charitable Gift Annuity (DCGA) which will allow you to defer payments for a set number of years, thereby increasing the amount of the annuities while still allowing you to take the charitable deduction in the year your gift is made.

To further discuss your options or receive your free, confidential, and no-obligation illustration, reach out to the Office of Planned Giving at (800) 347-8067, by email at plannedgiving@georgetown.edu or through our information request form.

See how a CGA could work for you or your loved ones using our calculator below:

Information on this page is not legal or financial advice and all examples illustrations are subject to change based on your unique circumstances. Please consult with your advisors before making your gifts.