Types of Gifts
Planned giving is a wonderful way to support WETA.
Many people think of it as
deferred giving because the most common gift is one through a will, living trust or other estate
document.
Estate gifts
These are a critical source of funding for WETA, and they are easy to do. Simply decide if you would like to give WETA a specific dollar amount, a set percentage of your estate or a specific asset, or include WETA as a contingent or residual beneficiary of your estate. Once that is decided, provide your attorney with WETA's
legal designation language, which should be inserted into your will.
Charitable Gift Annuities
Are you seeking an alternative to dismal stock market returns?
Effective July 1, 2008, the American Council on Gift Annuities (ACGA) announced there will be a
decrease in charitable gift annuity rates. Now is the time to lock in the higher rate for a long-term revenue stream.
If you've experienced a reduction in your income because of the downturn in the stock market and the recession, consider establishing a WETA charitable gift annuity
now at current gift annuity rates to meet rising expenses. Gift annuities can be funded with cash or stock. Whether the gift annuity is for you, your spouse, or an aging parent in need of income, your gift annuity payment will be
fixed, secure and
guaranteed for the rest of your life.
| Age |
Current rates |
New rates* |
| Age 65 |
6.0% |
5.7% |
| Age 70 |
6.5% |
6.1% |
| Age 75 |
7.1% |
6.7% |
| Age 80 |
8.0% |
7.6% |
| Age 85 |
9.5% |
8.9% |
*Effective July 1, 2008
Please contact Gretchen Koch at
gkoch@weta.com or (703) 998-2619 for other ages and rates, or any other questions. If you are still working, ask about deferred gift annuities, which can increase your retirement income.
Retirement and Insurance
Another simple way to support WETA is to name us as beneficiary of your retirement plan or life insurance policy. You can use the same
legal designation language as used for estate gifts.
Securities
You may find that making a gift of appreciated securities can provide you with an ideal way to donate to WETA. There are several benefits to making your gift in the form of appreciated assets. You would, of course, be entitled to a charitable income tax deduction for the full fair market value of your securities. In addition, you would avoid the capital gains taxes on the sale of your assets. If you were to sell your stocks or mutual funds yourself, you would generate a tax liability in the form of a capital gain. By donating the security directly to WETA you avoid that tax liability.
Securities can be electronically transferred by your broker to WETA's broker, or you can send the stock certificates directly to us or our broker by certified mail. The process is simple and we can work with you so that the funds can support the program area of your choice.