(USE BROWSER BACK ARROW TO EXIT)

The annuity or annual sum set forth in each gift annuity agreement is based on the current Uniform Gift Annuity Rates adopted by the Conference on Gift Annuities and approved by the American Council on Gift Annuities. This annuity rate will continue for the full term of the agreement. With a gift annuity, the donor simultaneously makes a charitable gift and provides payments for life to the donor and/or another person. The fact that the donor is making a charitable gift may entitle the donor to income, gift and estate tax deductions. However, because a charitable gift is involved, the annuity rates offered by the Franciscan Friars, T.O.R. may be lower than those available through commercial annuities offered by insurance companies and other financial institutions.

ACGA - AMERICAN COUNCIL ON GIFT ANNUITIES