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When you give money or stock for a charitable gift annuity with the Masonic Homes, we give you back annual payments for the rest of your life. Too good to be true? Seems like it, but true nonetheless; and many of our friends are taking advantage of this opportunity.
Here's how It works. Mr. and Mrs. Smiley give $5,000 to the Masonic Homes for a Charitable Gift Annuity. The annuity contract obligates the Masonic Homes to pay a set amount every year, either monthly, quarterly, semi-annually, or annually. The amount they receive is determined by their ages and, ordinarily, part of the payment is tax-free. Since the Smileys are both 75 years of age when they establish the annuity, their annuity rate is 7.5 percent. This means they will receive a fixed amount every year of $375 .00. These payments will continue to the survivor for life.
Why does the Masonic Homes provide gift annuities? To help our donors who want to make larger gifts, but don't want to reduce their cash flow. Also, it helps our donors who are planning to provide a bequest to make the gift now so that they can take advantage of the income tax charitable deduction. For older donors, a Masonic Homes annuity actually may provide a larger payout from the asset than they might otherwise receive. By careful management, the Masonic Homes is not only able to make the scheduled annuity payments, but also to have enough left over to help carry forward its mission. In other words, these annuities benefit the donors and the Masonic Homes. Gift annuities offer other advantages in addition to those mentioned above. If you have been thinking of making a planned gift to the Masonic Homes, which now include the Masonic Homes at Elizabethtown and the Masonic Eastern Star Homes at Pittsburgh and Warminster, we invite you to contact Bro. Fred D. Rissinger, Director of Development, or Bro. John R. McFadden, Planned Giving Officer. They will be happy to assist you through the gift planning process in complete confidence and at no cost or obliga- : (Complete and return this coupon) tion. You may reach them through the response form at right or tele- : Dear Friends of the Masonic Homes: I phone them at (800) 599-6454 or (717) 367-1121 , ext. 33311. I 0 Send me information about gift annuities.
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THE GRAND LODGE F.&A.M. OF PENNSYLVANIA Masonic Homes One Masonic Drive Elizabethtown, PA 17022·2199
Contact me about a personal visit or other assistance.
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at Elizabethtown, PA and Additional Mailing Offices
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Return Service Requested
I have already provided for Masonic Homes in my will. Send me information about any of the following:
0 Gifts of Appreciated Property, a way to reduce taxes. 0 How you benefit from a Pooled Income Fund. 0 Making a Will.
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Fred D. Rissinger, Director of Development Masonic Homes One Masonic Drive Elizabethtown, PA 17022
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