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Planned Giving

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Charitable Gift Annuity—Immediate Payment

Immediate-Payment Charitable Gift Annuity Diagram

How It Works

  1. Transfer cash or other property to the Barnes
  2. The Barnes agrees to make payments for the life of one and up to two annuitants (payments are backed by our entire assets)
  3. The balance of the transfer inures to the Barnes

Benefits

  • Payments for life that are favorably taxed
    1. When gift is funded with cash, part of payment will be tax-free
    2. When gift is funded with appreciated property, part will be taxed as capital gain, part will be tax-free, and part will be taxed as ordinary income
  • Federal income-tax deduction for a portion of your gift
  • Gift will provide generous support for the Barnes

More Information

Contact Us

Nina McN. Diefenbach
SVP, Deputy Director for Advancement
215.278.7111
ndiefenbach@barnesfoundation.org

Federal Tax ID Number: 23-6000149

 

The Barnes Foundation
2025 Benjamin Franklin Parkway
Philadelphia, PA 19130

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