Attractive Rates

The Board of Trustees at Claremont McKenna College has approved charitable gift annuity rates that are higher than the gift annuity rates suggested by the American Council on Gift Annuities (ACGA). The Board retains the right to make future modifications to the rates (applicable only to new gift annuities).

Florida Residents

To comply with Florida regulations, the gift annuity rates we can offer to Florida residents are slightly lower at certain ages. You may find the available Florida rate by using our gift calculator or by calling our office.

Temporary Rate Reduction at Certain Ages

IRS regulations require that a charity must be able to calculate a charitable deduction equal to at least 10% of the gift amount.  Provided monthly by the IRS, the Applicable Federal Rate, commonly called the AFR or the Discount Rate, is used to calculate the charitable deduction.

Because the gift annuity rates offered by the College are significantly higher than those offered by most charities, the College is sometimes forced to temporarily lower the gift annuity rate that it can offer at certain ages to meet the 10% charitable deduction requirement. The gift annuity rates in the chart below reflect the highest gift annuity rate the College can offer based on the current available discount rate. We are happy to answer questions.

The CMC Gift Annuity is not available in all states.