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Wyoming PBS FoundationWyoming PBS Foundation's Planned Giving GuideGift AnnuitiesOne of the most common ways to make a planned gift is with a WPTV Foundation charitable gift annuity. It is a simple contract between you and the Wyoming PBS Foundation. In exchange for an irrevocable gift, the WPTV Foundation agrees to pay one or two annuitants a fixed dollar amount each year for life. The amount is based on life expectancy: the older you are at the time of the gift, the greater the amount can be. The payments are guaranteed by the general resources of the WPTV Foundation. At Wyoming PBS, charitable gift annuities can be funded with cash or appreciated securities. You receive a tax deduction based on your age, the payout rate, and the federal discount rate. If you use an appreciated asset, a portion of each payout will be capital gain, which is therefore spread out over your lifetime. Likewise, a part of each payment would be a tax-free return of principal, increasing the after-tax value of each payment. And because you have effectively removed the assets from your estate, you avoid estate taxes. A similar type of annuity is the deferred charitable gift annuity. The arrangement is essentially the same; the difference is that the Wyoming PBS Foundation waits to begin your fixed payout until some specified date in the future. In either case, at your death the proceeds of the gift annuity become available for Wyoming PBS to use in whatever way you wished. A deferred charitable gift annuity can be an excellent way to supplement your retirement income. WPTV receives the gift today and invests it for years; you receive a current tax deduction, but you don't receive the payments until you retire when you may be in a lower income tax bracket. What do we do with support from gift annuities? We fulfill our mission - public broadcasting's noncommercial, audience-driven mission. It guarantees that substance and value, not commercial considerations, govern our programming decisions. To request more information, visit the Contact page. |



