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Endow & Plan Your Gift (continued)
The Legacy Society The Institute's new Legacy Society recognizes major endowment and planned gift commitments. Dr. & Mrs. Neal (Anne) Berte of Birmingham, Alabama, were the charter members and helped the Institute organize this endowment-builders and planned-giving recognition group.
A Powerful Pair: Income for life and a gift to the BCRI! The Community Foundation of Greater Birmingham and the Institute have come together to offer a gift with many benefits – to BCRI, to the community and to you. By making your gift to the Institute through a charitable gift annuity at The Community Foundation, you can guarantee fixed payments* of income to you and/or a second beneficiary – for life. You can reduce your taxes, get the income you need and still create a lasting legacy for the Birmingham Civil Rights Institute after your death.
Here's what a single-life gift annuity can generate for you:
Age Rate Age Rate 55 5.5% 75 7.1% 60 5.7% 80 8.0% 65 6.0% 85 9.5% 70 6.5% 90+ 11.3%
Payments determined by The American Council on Gift Annuities based on the age and number of annuitants. These rates are subject to change. To get more information and a no-obligation illustration of how a charitable gift annuity can benefit you, please contact Jim King, Development Officer, The Community Foundation of Greater Birmingham, 2100 First Avenue North, Suite 700, Birmingham, AL 35203, 1-205-328-8641, or jim@foundationbirmingham.org. Bequests We are always appreciative if the Birmingham Civil Rights Institute is remembered through a bequest. What Assets Can You Use? You can satisfy your BCRI gift investment objectives by many different types of assets: Cash: Gifts of cash are always welcome. It's the most convenient way. Please make checks payable to "Birmingham Civil Rights Institute." BCRI accepts Amex, Visa and Mastercard. Securities: Stocks and/or bonds are an attractive alternative or addition to cash gifts. Gifts of appreciated stock offer the best approach—you get a deduction for current value and avoid capital gains taxation on the securities you donate! Gifts of Property: Any type of personal and real property with resale value can be used to satisfy your investment objectives. Examples would be real estate, arts objects and other collectibles, antiques, automobiles, jewelry, and other property that you may not need. Gifts are subject to BCRI's Gift Acceptance Policies.
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