The Campaign for Teachers College, Columbia University
Teachers College, Columbia University
Overview > Basic Gift Information

Basic Gift Information

TEACHERS COLLEGE COLUMBIA UNIVERSITY
TC Annuitant 70 years old


Basic Gift Illustrations
Summary of Benefits

5.1% Charitable Gift Annuity

ASSUMPTIONS:

Annuitant: 70

Principal Donated: $10,000.00
Cost Basis: $10,000.00

Annuity Rate: 5.1%

Payment Schedule: quarterly

BENEFITS:

Charitable Deduction: $3,900.90

Annuity: $510.00

Tax-free Portion: $383.52

Ordinary Income: $126.48

After 15.9 years, the entire annuity becomes ordinary income.