The charitable gift annuity is one of the simplest ways to give a planned gift to the WCC
Foundation. It is an arrangement whereby, in exchange for a gift of $10,000 or more, the
WCC Foundation will contractually guarantee to pay a specific annual sum to the donor or donors.
The amount of he annual fixed income payment is determined by the age of the beneficiary(ies)
at the time the contract is made and will never vary.
Benefit
Charitable gift annuities provided by the WCC Foundation are delayed gifts. A charitable gift
annuity may include one or two individuals as beneficiaries of the lifetime income. As long as you
live, the annuity payments are made to you, either quarterly or annually. Later, the gift will be used
to change the lives of the students at WCC.
Receive a Tax Deduction Now
A charitable gift annuity qualifies your gift for a charitable income tax deduction now. Moreover, a
portion of the income received each year may be exempt from federal income tax.
Your WCC Foundation charitable gift annuity is an irrevocable gift. Once your gift is made, the contract
is binding and cannot be changed.
Gift annuities can be as unique as the individuals who create them. For more information, please contact
Wendy Lawson at the WCC Foundation:
WCC Foundation
306 Student Center Building
4800 East Huron River Dr,
Ann Arbor MI 48105-4800
734-973-3665
Or e-mail:
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