SUPPORT
Charitable Gift Annuity

Viewers 75 years or older who would like to make a large contribution of $20,000 (suggested minimum) or more, but need the income from their investments, often find the Charitable Gift Annuity is the perfect way to support the future of the station.

How a Charitable Gift Annuity Works

Make a gift of cash or stocks/bonds to WNET in exchange for a gift annuity. We reinvest the assets and pay you fixed payments for life (and, if desired, for another beneficiary’s lifetime). These payments do not fluctuate and they are made every three months as long as the income beneficiary is living. Then, the funds are used to support the kind of programming you enjoy.

Annuity rates range from 5.8%-9.0% depending on your age at the time the gift is made.

Benefits for Viewers Who Support WNET this way

  • A portion of the transaction qualifies as a charitable deduction for those who itemize deductions.
  • Part of the annual payments is considered a tax-free return of capital, excluding it from gross income until you reach your life expectancy.
  • If you contribute appreciated securities, only a portion of the capital gain is reported and it’s payable over your life expectancy — not in one year.

To Learn More

Please contact us for more information:

Office of Planned Giving
WNET
825 Eighth Avenue
New York, NY 10019
(212) 560-4989
plannedgiving@wnet.org

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