A charitable gift annuity is a contract, a guaranteed payment in return for a gift. You make a charitable contribution to the National Multiple Sclerosis Society's Ohio Buckeye Chapter and, in return, the Society promises to pay a fixed dollar amount, based on your age, for life. At the end of the annuitant's life, the remaining principal benefits the work of the Chapter.
Minimum contribution for donors age 50 through 59 is $10,000. Donors age 60 and over may make an initial contribution of $5,000 or more.
The donor also benefits from a charitable tax deduction for a portion of the gift.
If you have questions about charitable gift annuities contact Janet Kramer at 800-344-4867.