Charitable Gift Annuities
A Charitable Gift Annuity (CGA) allows you to make an investment in the young people who live at Mercy Home, claim a charitable tax deduction, and receive a cash return on your investment – for the rest of your life.
You read that right: Mercy Home will actually pay you to make this type of gift. These regular payments are fixed and depend on your age—up to 10% of your gift per year! You can opt to receive payments immediately, or defer them to a future date and increase your rate of return.
And best of all, these payments are guaranteed to continue for the rest of your life. No matter what happens with the economy, your health, or the state of the world, you will always receive the same fixed payment from Mercy Home.
If you’d like to support the children of Mercy Home, and receive a steady, reliable income in return, please fill out the form to learn more. Or, if you’re just curious about the yearly rate of return for a gift annuity with Mercy Home, please find your age and rate on the chart below.
Charitable Gift Annuity Rates
Rates effective January 1, 2023
One Life Annuity
Age | Rate | Age | Rate |
---|---|---|---|
60 | 5.4% | 75 | 7.0% |
61 | 5.4% | 76 | 7.1% |
62 | 5.5% | 77 | 7.3% |
63 | 5.5% | 78 | 7.5% |
64 | 5.6% | 79 | 7.7% |
65 | 5.7% | 80 | 7.9% |
66 | 5.8% | 81 | 8.1% |
67 | 5.9% | 82 | 8.2% |
68 | 5.9% | 83 | 8.4% |
69 | 6.0% | 84 | 8.6% |
70 | 6.1% | 85 | 8.8% |
71 | 6.3% | 86 | 9.1% |
72 | 6.4% | 87 | 9.3% |
73 | 6.5% | 88 | 9.6% |
74 | 6.7% | 89 | 9.9% |
90+ | 10.2% |
Contact us
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Additional Resources
Useful information and contact the team
Legal name and Tax ID
Legal Name:
Mission of Our Lady of Mercy, Inc.
Employer Identification Number (EIN):
36-2171726
More information for financial professionals.
Philanthropic information presented herein is intended for friends and supporters of Mercy Home for Boys & Girls. This material may be helpful in your tax and financial planning, and is based on current laws and recent court decisions. You should consult your own legal, tax, or financial planner to determine how these gift vehicles may apply to your own situation.