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“Public Television belongs
to all the people…for the enlightenment of all
the people.”

– Lyndon B. Johnson
upon signing the Public Broadcasting Act

KVIE Legacy Circle

KVIE Gift Annuities

Are your CDs earning enough?
Barbara is a retiree and loyal KVIE viewer. She recently took a KVIE gift annuity, which guaranteed her a fixed payment (in her case, 8.1 percent on her $10,000 commitment).

Instead of stressing about the volatile market or settling for weak CD rates, she gets a strong, predictable check and will get that same payment every year for the rest of her life. Then, the remainder will become a gift to KVIE.

It’s easy, uncomplicated – and the return rate is guaranteed. Plus there’s a nice tax deduction, and most of the income is tax-free.

The minimum amount is $10,000 and rates are based on the donor’s age. It’s a simple two-page contract, and there are no legal fees.

To learn more, contact Jessica Laskey at legacy@kvie.org or
(916) 641-3555.

KVIE GIFT ANNUITY RATES (INDIVIDUAL)
AGE RETURN %   AGE RETURN %
69 5.0 80 6.8
70 5.1 81 7.0
71 5.3 82 7.2
72 5.4 83 7.4
73 5.5 84 7.6
74 5.7 85 7.8
75 5.8 86 8.0
76 6.0 87 8.2
77 6.2 88 8.4
78 6.4 89 8.7
79 6.6 90+ 9.0
*Rates effective May 1, 2012

Sacramento Region Community Foundation
KVIE’s charitable gift annuities are backed by the $75+ million assets from the Sacramento Region Community Foundation – KVIE’s partner in offering CGAs. The Foundation is licensed by the California Department of Insurance.

Info needed to open a KVIE gift annuity:

  • Date of birth and proof with picture (e.g. driver’s license)
  • Proper names, including maiden name
  • Social Security Number
  • Choice of payments (i.e. quarterly or annually)
  • Voided check, if direct deposit
  • CA & IRS Withholding forms
  • Check made out to the Sacramento Region Community Foundation
  • Signed two-page contract

 

 

 

KVIE Legacy Circle


 
 
 

 

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