Charitable Gift Annuity
Discover how the charitable gift annuity helps your favorite charity.
A charitable gift annuity is a unique and generous way to make a financial donation to your favorite charity, while simultaneously creating a fixed monthly income that you and up to one other person can receive for the rest of your lives. The charitable gift annuity is similar to an immediate annuity, in that you provide a charitable organization with an irrevocable donation in the form of cash, marketable securities, or some other form of qualified assets. In return they guarantee you a fixed monthly income and cash payment for the rest of your life.
A charitable gift annuity is an extremely flexible way to make a gift. They can be designed to provide a fixed income for life, and can make a significant impact with even relatively modest amounts. The gift annuity was designed to help seniors endow their favorite organizations with monetary assistance and donations, without putting themselves in financial difficulty over their generosity.
The charitable gift annuity is a great tool to help you assist your favorite charity with donations, without jeopardizing your retirement income in the future. Because a charitable gift annuity is irrevocable, you are also entitled to an immediate charitable income tax deduction, as well as part of each annual payment is tax-free for the period of time equivalent to your life expectancy. Add in generous interest rates and the security of reserves to protect your contribution being state regulated, and the charitable gift annuity makes a lot of sense for many individuals.
If you or your organization are interested in establishing a charitable gift annuity to help meet your fundraising objectives, contact us today through the form below or call toll free at 1-888-429-3070. One of our specialists near to you will arrange for a personal and friendly telephone introduction to discuss your needs and objectives. |
