The Art Institute of Chicago
Gift Planning

Charitable Gift Annuities

CLICK HERE FOR A DETAILED EXPLANATION

How It Works

You transfer cash or securities to the Art Institute of Chicago.

After the transfer, the Art Institute of Chicago pays you, or up to two annuitants you name, fixed income for life.

The principal passes to the Art Institute of Chicago when the contract ends.

Benefits

  • You receive an immediate income tax deduction for a portion of your gift.
  • Your annuity payments are guaranteed for life, backed by a reserve and the full assets of the Art Institute of Chicago.
  • Your annuity payments are treated as part ordinary income, part tax-free income. In some cases, a portion of your annuity payment may be treated as capital gains income.
  • You have the satisfaction of making a significant gift that benefits you now and the Art Institute of Chicago later.

More

To learn more about charitable gift annuities, e-mail us, complete the information request form, or call us at (312) 499-4110 so that we can assist you.




The Art Institute of Chicago
111 South Michigan Ave
Chicago, IL 60603
(312) 499-4110 | Fax: (312) 499-4104




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