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 Pellissippi State Foundation
 10915 Hardin Valley Road
 P.O. Box 22990
 Knoxville, TN 37933-0990
 (865) 694-6528




Pellissippi State | Pellissippi State Foundation | Giving to the Foundation

Giving to the Foundation: Ways To Give

Charitable Gift Annuity

A gift annuity is a contractual agreement whereby in exchange for a gift of cash, marketable securities, or approved real estate, the Foundation agrees to pay a donor and/or a designee an income for life. It is a combination of a gift and a purchase. A gift annuity is deductible to the donor at the fair market value at the time of the gift. No gift annuity agreement shall be for more than two lives or be issued for anyone under the age of 55 years. The minimum gift for a charitable gift annuity is $5,000. The amount of the bequest passes immediately to the Foundation, which uses its resources to make annuity payments as they fall due.

To our donors: Your gift to the Pellissippi Foundation will impact your financial situation. This Web site does not provide legal or financial advice. Consult your attorney, tax adviser, and the Foundation before making or planning a gift.

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