Volume LVIIAugust 2010Number 3

Centennial Special!

The American Council on Gift Annuities is not increasing rates for all ages. However, for a limited time, we are offering a Centennial special increase until Dec. 31, 2010, for one-life gift annuities age 82 and up not increased by ACGA rates.

GIFT ANNUITY RATES RISE

Effective this past July 1, the rates for Charitable Gift Annuities have been increased. This is good news for contributors of this income-to-donor gift.

Charitable Gift Annuities are a special kind of charitable gift that pays donors for life. For a minimum gift of $5,000, donors age 65 and up are eligible for a rate ranging from 5.5 percent to 9.6 percent (per chart) based on their age at the time of the gift. The older the donor, the higher the rate. Based on this fixed rate, donors receive a check quarterly for life. After the beneficiary(ies) pass on, whatever is left in the gift annuity goes to Masonic Charities for its charitable work. Gift annuities can pay one or two persons. For two people, full payments continue for both lifetimes.

Gift annuities have other attractive benefits. Usually more than half of the amount donors receive is tax-free for their projected lifetime(s). Donors also receive a tax deduction. If appreciated securities are used for the gift annuity, there is a saving of capital gains tax. Masonic Charities always recommends consulting one's own professional advisor when considering any planned gift.

Rates for gift annuities are set nationally by the American Council on Gift Annuities (ACGA). The new ACGA rate schedule increases rates by .1 or .2 percent for many ages. For one-life gift annuities for those ages not increased by the ACGA, Masonic Charities has introduced a "Centennial Special" rate increase through Dec. 31, 2010. To receive an illustration showing your rate and other benefits, with no obligation, please call one of the offices listed to the right, or return the attached reply slip.

Gift annuities are among the most popular charitable gifts, with hundreds of Masonic donors now receiving payments. They are the ultimate win-win: donors receive attractive financial benefits, and Masonic Charities receives support for its great charitable work.

*This chart shows rates for the posted ages only. Rates are assigned for specific ages and may fall between the figures shown.

For more information on making a charitable bequest to Masonic Charities or any charity, please contact the Office of Gift Planning nearest you. Or, visit our Web site at www.masonicvillagespa.org/howyoucanhelp.php.

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
Out-of-State (717) 367-1121, ext. 33312 or (800) 599-6454

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. www.njconsumeraffairs.gov/ocp.htm#charity: 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. REGIS TRATION IN THE ABOVE STATES DOES NOT IMPLY ENDORSEMENT, APPROVAL OR RECOMMENDATION OF MASONIC CHARITIES BY THE STATE.-->

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