Gifts That Pay You Income
Planned giving is a great way to support CMC while generating income for yourself and your family. Learn how these gifts allow you to achieve both of these goals.
The CMC Charitable Gift Annuity
A charitable gift annuity provides fixed payments to you or others you name for life in exchange for your gift of cash or securities.
Charitable Remainder Unitrust
A charitable remainder unitrust can help you maintain or increase your income while making a significant gift to Claremont McKenna College. The charitable remainder unitrust is highly flexible. You can easily make gifts of assets that are not easily converted to cash using the unitrust. If your unitrust grows, your payments will grow too, providing a potential hedge against inflation.
THE IRAnnuity
With the passage of the SECURE 2.0 Act, in December of 2022, IRA owners who are at least age 70½, may make a one-time, tax-free Qualified Charitable Distribution or “QCD” gift of up to $105,000 to fund a Charitable Gift Annuity.
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GIFT CALCULATOR
At certain ages, IRS regulations force CMC to offer a lower rate to generate a charitable deduction of at least 10% of the gift amount. If you receive a Fails to Qualify message, contact our office for a qualifying rate.