Planned Giving Department
A Gift Annuity with The Omaha Home for Boys is an easy way to provide yourself with a source of secure income for the rest of your life and make a charitable gift that gives you additional tax benefits.
The income payments you receive from an OHB Gift Annuity are based upon your age at the time the annuity contract is made and the amount used to fund the contract.
An annuity contract can also be made for two lives, with the second beneficiary receiving payments after the primary beneficiary is deceased.
In the year the Gift Annuity is started, part of the initial gift amount is tax deductible. Also a portion of each income payment to you is tax free.
Plus you have the satisfaction of knowing your Gift Annuity is helping to make dreams come true for many young men at the Home.
New higher rates have recently taken effect. Please look through them as you consider a Gift Annuity.
The following chart is based on a gift of $5,000:
|
Age |
Annual Return |
Charitable Deduction |
|
65 |
7.2% - $360 |
$1,944 |
|
70 |
7.7% - $385 |
$2,105 |
|
75 |
8.4% - $420 |
$2,278 |
|
80 |
9.4% - $470 |
$2,476 |
|
85 |
10.5% - $525 |
$2,733 |
|
90 |
12.0% - $600 |
$2,953 |
Making a charitable gift through your will is a sign that you have put a lot of thought into the impact your Estate will have on the future. It is an action that creates a lasting symbol for relationships you felt strongly about during your lifetime. It also provides opportunities for your favorite charity that would never have been possible without your concern.
At The Omaha Home for Boys, major bequest gifts have opened the door for new possibilities numerous times in our 77 year history. New facilities and programs have resulted from the thoughtfulness of longtime friends of the Home.
A Bequest Gift affects the lives of young people for generations and gives you the satisfaction of knowing your success in life will make a difference in the lives of young people for years after you have gone
We are always glad to hear from you.