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Charitable Gift Annuities

Through MCHT’s Charitable Gift Annuity (CGA) program a donor may make an irrevocable gift of cash, securities or other assets, and in exchange MCHT will pay one or two named annuitants a fixed sum each year for life. Payments are based on rates recommended by the American Council on Gift Annuities and are guaranteed by MCHT’s general resources, backed by a reserve account. A minimum initial gift of $10,000 is required; additional gifts of $5,000 are welcome. Donors and annuitants must be 60 years of age or older to qualify for MCHT’s CGA plan.


  • Guaranteed fixed income for life
    • Rates of return up to 9% for a single life (slightly less for two lives)
  • Charitable income tax deduction for a portion of the gift
    • Tax advantaged income (some payments will be tax free under most circumstances)
    • Reduced capital gains taxes (pay capital gains only on the gain attributed to retained life interest)
    • Potential reduction of federal (and possibly, state) estate tax liability

Sample Recommended Guaranteed rates of Return

Two Life Ages Rate
60 4.4% 60/60 3.9%
65 4.7% 65/65 4.2%
70 5.1% 70/70 4.6%
75 5.8% 75/75 5.0%
80 6.8% 80/80 5.7%
85 7.8% 85/85 6.7%
90 9.0% 90/90 8.2%

These rates are determined by the American Council on Gift Annuities and are adjusted annually. The rates shown are for 2012. See official rates at all ages and for a variety of two-life age combinations.

To request a personal illustration, please contact David Warren, Planned Giving and Major Gifts Officer. All illustrations and conversations will be done on a strictly confidential basis.