Moorestown Friends School has a Charitable Gift Annuity program in partnership with Friends Fiduciary Corporation, Quaker non-profit corporation which supplies financial services to Quaker institutions.
You transfer cash or securities to Friends Fiduciary Corporation on behalf of Moorestown Friends School. The minimum gift requirement is $0.
Friends Fiduciary Corporation pays you, yourself and a spouse, or any two beneficiaries you name, fixed income for life.
The remaining balance passes to Moorestown Friends School when the contract ends.
Benefits
Receive dependable, fixed income for life in return for your gift.
In many cases, receive payments at a rate higher than the interest you are currently receiving.
Receive an immediate income tax deduction for a portion of your gift.
A portion of your annuity payment will be tax-free.