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Founded by George Balanchine and Lincoln Kirstein
Chairman of Faculty and Artistic Director Peter Martins

Planned Giving

Charitable Gift Annuities

A charitable gift annuity is a simple contract between you and the School of American Ballet. In exchange for your irrevocable gift of cash or securities, SAB agrees to pay one or two annuitants you name a fixed annuity for life. The older your designated annuitants are at the time the annuity starts, the larger their annual annuity payments will be. You will also be entitled to an income tax deduction in the year you make the gift.

At SAB the minimum age to start receiving annuity payments is 65. However, you can establish a charitable gift annuity at a younger age – and defer the start of annuity payments to age 65. The minimum gift to establish a charitable gift annuity at SAB is $10,000.

Benefits include:

  • You receive an immediate income tax deduction for a portion of your gift

  • Your lifetime annuity is backed by all of SAB's assets

  • Your annuity payments are treated as part ordinary income and part tax-free income

  • You have the satisfaction of making a significant gift that benefits you now, and SAB later

Sample Annuity Rates *

Single-Life Annuity

Age

Rate of Return*

65

4.7%

70

5.1%

75

5.8%

80

6.8%

85

7.8%

90 and over

9.0%

 

* Rates suggested by American Council on Gift Annuities as of January 1, 2012. These rates are subject to change.

If you establish a charitable gift annuity with SAB, you'll be eligible to join the Founders Society. To learn more, click here.

For more information and/or a personal illustration please contact Caroline Langerman, Director of Individual Giving, at 212-769-66111 or clangerman@sab.org. All inquires are confidential.