PUT A LAFAYETTE DIOCESAN FOUNDATION GIFT ANNUITY TO WORK FOR YOU
Here is how the charitable gift annuity works. In exchange for your gift of cash or securities, the Lafayette Diocesan Foundation, Inc. agrees to pay a specified dollar amount to you each year for as long as you live.
The annuity payments are based on the age of the annuitant(s) at the time of the gift. For example, assume that Ima Older, age 75, creates a gift annuity with a $20,000 cash gift to the Foundation. Her interest rate is 5.8%, which means she receives a guaranteed, fixed annual payment of $1,160 for as long as she lives. Equally important, Ima designates the balance to be given to the Diocese of Lafayette Priests Retirement Fund. This gift carries a federal income tax deduction in the year the gift is created!
Minimum gift annuity amount is $5,000
Payments begin at age 60
Rates subject to change
LET US KNOW HOW WE CAN HELP
For additional information about how you can help yourself while helping Catholic ministries, parishes, Catholic schools, and parish cemeteries in the Diocese of Lafayette – in – Indiana in an important way, contact Planned Giving Officer at 765-269-4608.
CURRENT GIFT ANNUITIES BENEFICIARIES
All Saints Catholic Church, Logansport, IN
Catholic Foundation of Northcentral Indiana
Endowment for Calvary Cemetery
(St. Bernard Church, Crawfordsville, IN)Catholic Foundation of Northcentral Indiana Endowment for Ecclesial Lay Ministry & Catechist Formation (2*)
Catholic Foundation of Northcentral Indiana Endowment for Family Life
Diocese of Lafayette-in- Indiana Priests’ Retirement Fund
St. Boniface Catholic Church, Lafayette, IN
St. Joan of Arc Catholic Church, Kokomo, IN (2*)
St. Lawrence Catholic School, Lafayette, IN
St. Mary’s Catholic Church, Muncie, IN (3*)
St. Mary’s Catholic School, Muncie, IN
St. Theodore Guerin Catholic High School General Operating Fund
St. Vincent de Paul Society, Prescription Bank, Muncie, IN
*Denotes number of annuities
