ST SEBASTIAN’S

Should I consider a
Charitable
Gift
Annuity?
A gift annuity is a simple contract with St. Sebastian’s where, in exchange
for a gift of cash, appreciated securities, or other assets, the School agrees
to pay an annuity to the beneficiaries (up to two individuals) for life. The
payout rates are a function of the age and number of beneficiaries and follow
the guidelines established by the American Council on Gift Annuities.
Rates are highly competitive.
As an Example
Brian ’50 has been very successful in “laddering” certificates of deposit.
Lately he has found the payout rates and terms to be less than he would
like. He decides to donate his low-yielding stock for a St. Sebastian’s charitable
gift annuity, which offers a higher yield, increased security, and the
opportunity to support St. Sebastian’s.
In making his gift Brian ’50 has locked into a guaranteed lifetime of income,
generated a substantial tax deduction, and has avoided the capital gains
tax that would have been due had he sold the stock to seek a higher yield
investment.
Thank you, John Hodgson GP’12
As his grandson Sam ’12 was preparing
to be graduated this past spring, John
Hodgson gave a Charitable Gift Annuity
to St. Sebastian’s School.
According to John:
“The gift was to thank Seb’s for providing
three enjoyable years watching
my grandson Sam playing football and
lacrosse.”
St. Sebastian’s thanks John Hodgson and
all those who have supported the School
through Planned Giving.
To learn more about Charitable Gift
Annuities and other Planned Giving options,
please contact Linda Panetta in the Alumni
Office at 781-247-0187.