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IMPORTANT - LEGACY GIFT RATE CHANGE

Effective February 1, 2009 rates on charitable gift annuities will be reduced to reflect a lower investment return assumption.  Likewise, the net return assumption will also be lower.  For charitable donors who are familiar with the popular gift option commonly known as a Charitable Gift Annuity, this will mean lower guaranteed fixed income payments over their lifetime.  Although the reduction in charitable gift annuity rates will be 0.4% to 0.7% for most ages relative to the current schedule, gift annuities will remain an attractive option for legacy donors who wish to receive stable, guaranteed income with significant tax benefits.

While charitable gift annuities provide significant financial benefits to the donor, a gift annuity can also provide future support to UC Irvine and help shape the future of our university, our community and our world.  For example, a charitable gift annuity can provide scholarship and fellowship support, enhance research on the environment and the economy, or contribute toward the training of future generations of doctors, scientists or artists. 

If you have an interest in learning more about charitable gift annuities or would like to consider taking advantage of higher gift annuity rates prior to February 1, 2009, please contact Mike Crvarich or Jay Donoghue at the Office of Legacy Planning, UC Irvine, (949) 824-6454.