Volume LVIMAY/JUNE 2009Number 2

Major Charitable Giving During Tough Recession?
Well, maybe and maybe not.

The "maybe not" is where a lot of people are leaning during these tough times. The Office of Gift Planning recognizes this and always wants donors to do what is best for themselves.

So what about the "maybe?" Why would anyone consider a higher charitable gift with economic conditions in such a downturn?

The answer lies, first and foremost, in the reason for any charitable gift: the donor believes in the charitable organization. They also realize the charity needs the support even more during tough times.

The other reason, though, is surprising: it is the bad market that causes some people to take action in charitable giving. The devastated market in recent months makes a guaranteed lifetime income stream at very attractive rates look mighty good. Such an income stream is offered by charitable gifts of $5,000 and above-permanent, guaranteed, fixed income at very appealing rates.

Sound too good to be true? Not at all. This income stream has been available in charitable giving since the 1850s, and hundreds of Masonic donors are now enjoying it. It's called the Charitable Gift Annuity, and it offers rates often 4% to 6% higher than CDs, stock dividends or some other common investments. Even better, much of the income is tax-free. Additional benefits include a substantial tax deduction and capital gains tax savings if an appreciated asset is used.

A gift annuity is primarily a charitable gift made by philanthropic persons. But for people who want a guaranteed stable lifetime income as part of their financial picture, it is a very rewarding type of gift in more ways than one. Gift annuities can benefit one or two people.

What about the many people who can't part with any money now, but still want to support Masonic Charities? A bequest is the ideal solution. They keep all their assets for their lifetime, and then only after they pass on does Masonic Charities benefit.

For information on a gift annuity or bequests, please complete and mail the attached form, or call the Gift Planning Office nearest you:

Central Pennsylvania
(717) 367-1121, ext. 33437 or (800) 599-6454
Eastern Pennsylvania
(610) 825-6100, ext. 1348
Western Pennsylvania
(412) 741-1400, ext. 3011 or (866) 872-0664
(717) 367-1121, ext. 33312 or (800) 599-6454
Sample Gift Annuity Rates
705.7%70 & 755.3%
756.3%75 & 805.8%
807.1%80 & 856.5%
858.1%85 & 907.5%
90+9.5%90+ & 90+8.3%

Financial information about Masonic Charities can be obtained by contacting us at 1-800-599-6454. In addition, Masonic Charities is required to file financial information with several states. Colorado: Colorado residents may obtain copies of registration and financial documents from the office of the Secretary of State, (303) 894-2680, http://www.sos.state.co.us/. Florida: SC No. 00774, A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE, WITHIN THE STATE, 1-800-HELP-FLA. Georgia: full and fair description of the programs and activities of Masonic Charities and its financial statement are available upon request at the address indicated above. Illinois: Contracts and reports regarding Masonic Charities are on file with the Illinois Attorney General. Maryland: For the cost of postage and copying, documents and information filed under the Maryland charitable organizations laws can be obtained from the Secretary of State, Charitable Division, State House, Annapolis, MD 21401, (800) 825-4510. Michigan: MICS No. 11796 Mississippi: The official registration and financial information of Masonic Charities may be obtained from the Mississippi Secretary of State's office by calling 1-888-236-6167. New Jersey: INFORMATION FILED WITH THE ATTORNEY GENERAL CONCERNING THIS CHARITABLE SOLICITATION AND THE PERCENTAGE OF CONTRIBUTIONS RECEIVED BY THE CHARITY DURING THE LAST REPORTING PERIOD THAT WERE DEDICATED TO THE CHARITABLE PURPOSE MAY BE OBTAINED FROM THE ATTORNEY GENERAL BY CALLING (973) 504-6215 AND IS AVAILABLE ON THE INTERNET AT www.njconsumeraffairs.gov/ocp.htm#charity. REGISTRATION WITH THE ATTORNEY GENERAL DOES NOT IMPLY ENDORSEMENT. New York: A copy of the latest annual report can be obtained from the organization or from the Office of the Attorney General by writing the Charities Bureau, 120 Broadway, New York, NY 10271. North Carolina: Financial information about this organization and a copy of its license are available from the State Solicitation Licensing Branch at 1-888-830-4989. Pennsylvania: The official registration and financial information of Masonic Charities may be obtained from the Pennsylvania Department of State by calling toll-free, within Pennsylvania, 1-800-732-0999. Virginia: Financial statements are available from the State Office of Consumer Affairs, P.O. Box 1163, Richmond, VA 23218. Washington: The notice of solicitation required by the Charitable Solicitation Act is on file with the Washington Secretary of State, and information relating to financial affairs of Masonic Charities is available from the Secretary of State, and the toll-free number for Washington residents: 1-800-332-4483. West Virginia: West Virginia residents may obtain a summary of the registration and financial documents from the Secretary of State, State Capitol, Charleston, WV 25305. REGISTRATION IN THE ABOVE STATES DOES NOT IMPLY ENDORSEMENT, APPROVAL OR RECOMMENDATION OF MASONIC CHARITIES BY THE STATE.

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