The Charitable Gift Annuity - A consideration for retirement planning.
A Sigma Phi Epsilon Educational Foundation Charitable Gift Annuity is an excellent opportunity to invest in scholarship and leadership endowments while providing important income during retirement.
You receive an immediate tax deduction for your gift and if you use appreciated stock to fund your gift annuity you only recognize a portion of the capital gain and spread the tax on that over several years.
A Charitable Gift Annuity is a win-win investment for you and for the Foundation. The Sigma Phi Epsilon Educational Foundation has years of experience with gift annuities. Alumni have invested amounts ranging from $5,000 to $380,000 and enjoy returns from 6.5% to 11.2%.
To receive a personalized annuity proposal, send your date of birth and we will send you a personal illustration showing the tax implications and the amount due to you upon retirement.
Doug Scheibe, Executive Director
Sigma Phi Epsilon Educational Foundation
310 South Boulevard
Richmond, Virginia 23220
phone: (804) 612-1409
fax: (804) 353-4825
You don’t have to depend on CDs that may pay less when renewed.
The opportunity for a relatively high fixed return for life is available to you through the Sigma Phi Epsilon Educational Foundation.
Note: The Foundation is not able to issue charitable gift annuities to residents of California for amounts less than $250,000.