Rates Effective July 1, 2002 to December 31, 2002

Approved by the American Council on Gift Annuities April 10, 2002

Suggested Charitable Gift Annuity Rates

SINGLE LIFE

Age
Rate
Age
Rate
20 and under
4.8%
56
6.1%
21
4.8
57
6.2
22
4.8
58
6.3
23
4.9
59
6.4
24
4.9
60
6.4
25
4.9
61
6.5
26
4.9
62
6.6
27
5.0
63
6.6
28
5.0
64
6.7
29
5.0
65
6.7
30
5.0
66
6.8
31
5.1
67
6.9
32
5.1
68
7.0
33
5.1
69
7.1
34
5.2
70
7.2
35
5.2
71
7.3
36
5.3
72
7.4
37
5.3
73
7.6
38
5.3
74
7.7
39
5.4
75
7.9
40
5.4
76
8.0
41
5.5
77
8.2
42
5.5
78
8.4
43
5.5
79
8.6
44
5.5
80
8.9
45
5.6
81
9.1
46
5.6
82
9.4
47
5.6
83
9.7
48
5.7
84
10.1
49
5.7
85
10.4
50
5.7
86
10.8
51
5.8
87
11.1
52
5.8
88
11.4
53
5.9
89
11.7
54
5.9
90 and over
12.0
55
6.0

WARNING: These annuity rates, for both immediate and deferred annuities and for both single life and two lives, should not be used if the gift portion, based on IRS tables and the applicable discount rate, is not more than 10% of the amount paid for the annuity.

NOTES:
1. The rates are for ages at the nearest birthday.
2. These rates will result in a charitable deduction of at least 10% if the CMFR is 5% or higher. If the CMFR falls below 5%, rates at certain young ages may have to be reduced to meet the 10% deduction requirement.