Charitable Gift Annuity

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 another person if you choose, can receive for the rest of your lives.

With a charitable gift annuity 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.  The Charity receives the remainder asset after your death.

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 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, a portion of the annuity is eligible for an immediate charitable income tax deduction, plus a 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 carrier reserves to protect your contribution, and the charitable gift annuity makes a lot of sense for many individuals.  Please Contact Us and we can help you with charitable gift annuities specific to your needs.