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Charitable Gift Annuities

 “ The generous will be blessed.”
From Proverbs 22:9
A way to take care of your financial future…
as you give to others.
  • A new source of lifetime income, some of it tax-free.
  • Guaranteed security and high return.
  • A charitable income tax deduction that you can take this year.
  • A partial savings on capital gains tax if you give appreciated stock or other assets.
  • Reduced estate taxes and probate costs.
  • A larger charitable gift than you may have thought you could afford.

Our Charitable Gift Annuities give you a way to provide for your own- and your family’s – financial future with a dependable, guaranteed lifetime income. Charitable Gift Annuities typically enjoy a higher rate of return than most conservative investments. And a Charitable Gift Annuity is never subject to market fluctuations. You’ll know exactly what you will receive. Plus, part of your income can be tax-free!
 
Gift Annuities offer you significant benefits:

Here’s how our Gift Annuity Program works.

In exchange for your gift of cash, appreciated stock or other assets, we’ll give you an annuity contract which guarantees you a fixed income for the rest of your life or the lives of both you and your spouse (or another beneficiary you designate).
Here’s how our Gift Annuity Program works.
 
For example…

Single Life Charitable Gift Annuity Rates

Age

Payment Rate

90

11.3%

85

9.5%

80

8.0%

75

7.1%

70

6.5%

60

5.7%

Capital Gains Tax Savings

When you fund a Gift Annuity with appreciated stock or other assets (before the sale), current tax law allows you to avoid much of the capital gains tax you would pay if you sold the asset yourself. In addition, any remaining capital gain that you incur is spread over the remaining years of your life, thereby reducing today’s tax liability. Your annuity payment is based on the value of the stock or other assets on the day you transfer ownership to us.

Charitable Income Tax Deduction

An important distinction between a Charitable Gift Annuity and a commercial annuity is that a Charitable Gift Annuity assumes that at the end of your life (lives) a minimum of 50% of your original contribution will be available as a charitable gift to support our mission.
 
As a result, the IRS allows a portion of every dollar that you contribute today to be income tax deductible this year.

Reduce Estate Taxes and Costs

The assets you use to create your Gift Annuity with us are no longer considered property in your taxable estate. Therefore, whatever you put into the Gift Annuity will not be subject to estate taxes or probate.

A Larger Gift Than You Thought You Could Give

Most of us make charitable gifts from our income each year and consequently are limited in how large a gift we can afford to make. Many people dream of making a major gift, but simply cannot afford it out of their income resources. Our Charitable Gift Annuity enables our donors to make gifts of their assets, rather than their income. And, since they receive an increased income as a result, they are able to improve their standard of living while giving the major gift they have always dreamed of.

Tax-Free Payments

A portion of each of your annuity payments is “return of principal” and therefore is not taxed as income to you…it is essentially “tax-free!” This unique feature serves as a multiplier for your return rate and gives you an even larger “effective rate of return” than the published rates.

Here’s what we can do for you!

In less than one minute, you can give us the information we need to prepare a personalized Gift Annuity proposal designed especially for you. There is no cost or obligation, and your inquiry will be treated in complete confidence. Our services are also free.
Just call us!
 
As soon as we have your information, we will prepare a personalized proposal that will show you the specific benefits for you with our Gift Annuity. If you like what you see, we can complete your agreement so quickly that you can begin receiving your annuity payments faster than you thought possible.