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The Eastern Illinois University Foundation is partnering with the Raymond James Charitable Endowment Fund to hold and administer your gift annuities during your lifetime and ultimately distribute the assets to the Eastern Illinois University Foundation.*

The Raymond James Charitable Endowment Fund provides you with the ease and flexibility to make an impact on the future of our great university. Creating a charitable gift annuity within the Raymond James Charitable Endowment Fund gives you the opportunity to create an annualized income stream for life. You get the security of your gift annuity managed and administered by an institution that has over 50 years of experience while making the Eastern Illinois University Foundation the beneficiary of your annuity.

Help Gift Annuity
One Life Two Lives
Click the appropriate button for a One-Life or Two-Life presentation. Selecting One Life will cause the Second Person and the associated name and age fields to be hidden from view for that run.
Enter the name of the person. You may use such titles as "Mr.", "Mrs.", "Dr.", "Rev.", "Jr.", "Sr.", etc. For the remainder unitrust the first person is the first income recipient or beneficiary of the agreement.
Crescendo Calendar
You may enter the age of the person instead of the birth date. However, if the birth date is known, click on the calendar icon and choose your birth date. Since ages are to be rounded up if the gift date is within 6 months of the next birth date, entering the birth date is the most accurate method.
Crescendo Calendar
10% 12% 22% 24% 32% 35% 37%
Select the current federal income tax rate of the donor. This will be used to project possible income tax savings. If you are not certain about the correct rate, you may choose one of the middle rates. For many people, this will be close to the actual income tax rate.
Enter the amount of cash or the fair market value (FMV) of the asset(s) used to fund the CGA. For assets such as real estate, closely-held stock and other hard to value assets, the FMV would be the appraised value of the property on the date of the gift.
Enter the cost basis of the asset being used to fund the trust or annuity. If the asset is cash, the cost basis is equal to the gift amount. If it is appreciated property, the cost basis will most likely be the amount you originally paid for the property. The cost basis is used to determine the capital gains tax which will be bypassed as a result of selling the asset. If the cost basis is not known or cannot be proven, the IRS assumes the cost basis to be $0. If cash funds the gift annuity, enter the same value as "Value of Property."
Monthly Quarterly Semiannual Annual
Select either monthly, quarterly, semiannual, or annual income payments to the beneficiary(ies) of the income. The choice of payment frequency does affect the amount of the charitable deduction as the more frequent the payment (i.e. monthly as opposed to annually), the smaller the donor's tax deduction.

*Minimum Age of 55 at time of issue. Contribution Minimum: $50,000. Raymond James does not issue gift annuities in the following states: AL, AR, CA, HI, MD, ND, NJ, NY, WA, and WI.

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