Explore charitable gift annuities for return on investment
Would you like to support the good work of Mount Angel Abbey and Seminary and receive fixed payments for life in return? If so, a charitable gift annuity may be the right choice for you.
Through a simple contract, you agree to donate cash or appreciated stocks to The Abbey Foundation of Oregon. In return, we agree to pay you (and your spouse, if you choose) a fixed amount each year for the rest of your life (or lives). Generally, the older you are at the start of your payments, the higher your payments. The minimum age to establish a charitable gift annuity with Mount Angel Abbey and Seminary is 70; the minimum gift amount is $10,000 and available to Oregon and Washington residents only.
In addition to supporting our monks and seminarians and receiving fixed payments for life, you also receive these benefits:
- Your initial gift is partially income tax-deductible.
- Your charitable gift annuity payments are partially income tax-free throughout your estimated life expectancy.
- Your payments are not affected by ups and downs in the economy.
- The gift annuity can be for one or two people, so your spouse can also receive payments for life.
If you use appreciated stock to make a gift, you can usually eliminate capital gains tax on a portion of the gift and spread the rest of the gain over your life expectancy.
To learn more about this rewarding way to support Mount Angel Abbey and Seminary, please contact Kate Van Ummersen.
Toll Free 800-845-8272 or