Charitable Gift Annuity

A charitable gift annuity is a simple agreement between you and The Hotchkiss School. In exchange for a gift of cash or appreciated assets, you receive fixed payments for life.

 

How It Works

  • You transfer cash or securities to The Hotchkiss School. Our minimum suggested gift requirement is $10,000.
  • Hotchkiss pays you, yourself and a spouse, or any two beneficiaries you name, fixed payment for life.
  • Beneficiaries are recommended to be at least 60 years of age at the time of the gift.
  • The remaining balance passes to The Hotchkiss School when the contract ends.

Benefits

  • Receive more income for your money because of higher rates.
  • Receive dependable cash-flow for life, regardless of fluctuations in the market.
  • In many cases, receive payments at a rate higher than the interest you are currently receiving on investments.
  • Receive an immediate income tax deduction for a portion of your gift.
  • A portion of your annuity payment will be tax-free for a number of years.
  • Are you a younger donor? Consider a deferred gift annuity.


Plan-a-Gift ™

Our interactive Plan-a-Gift™ will recommend the best gift plan to meet your individual needs based on your age, goals and assets, and will help The Hotchkiss School at the same time.

Get Started

Contact Us

Planning your estate and legacy for future generations, including your charitable interests, takes careful evaluation. I am here to help and will gladly discuss your needs, goals, and possible gift options.

Brent Alderman Sterste, Director of Gift Planning
baldermansterste@hotchkiss.org
(860) 435-3263
11 Interlaken Road
Lakeville, CT 06039-2141