How It Works

1. You transfer cash, securities or other appreciated property such as real estate to Franklin College
    
2. Franklin College pays you, or up to two annuitants, a lifetime annuity.
    
3. After the lifetimes of the beneficiaries, the remainder passes to Franklin College.

Benefits

• You receive an immediate income tax deduction for a portion of your contribution.
   
• Your lifetime annuity is backed by a reserve and the full assets of Franklin College.
   
• Your annuity payments are treated as part ordinary income and part tax-free income. If the gift is funded with appreciated property, your annuity payments are also part capital gains income (15%).
   
• You have the satisfaction of making a significant gift that benefits you now and Franklin College later.

Click here to learn more about this option.