Charitable Gift Annuity

A Charitable Gift Annuity is a contract between a charity and a donor that, in exchange for an irrevocable transfer of assets to the charity, the charity will pay a fixed sum to the donor and/or beneficiaries designated by the donor for the lifetime(s) of up to two beneficiaries.

A Charitable Gift Annuity offers a regular fixed income to the donor, while benefiting the charity of their choice during their lifetime. A CGA can be designed to begin paying an income stream to the donor beginning immediately, at a fixed future date, or at a flexible future date. Charitable Gift Annuities also provide the donor with the opportunity to leverage “after tax” income.

Benefits of a Charitable Gift Annuity

Reduced Tax Costs

Contributing assets to a CGA qualifies the donor for a charitable tax deduction.

Simplicity in Operation

Charitable Gift Annuities are run by organizations and the fixed income is typically backed by the assets in the fund.

Charitable Impact and Legacy

Donors selecting a CGA receive a dependable, fixed income while leaving a substantial gift to charity.

Is a Charitable Gift Annuity right for you?

A Charitable Gift Annuity can be a great solution for donors who have appreciated assets they would like to move outside of their taxable holdings. Donors looking for a steady income stream for themselves or their heirs can also benefit, and may wish to defer the beginning of the income stream to a later date.

Our Find Your Fit Questionnaire can help you discover if a Charitable Gift Annuity is right for you. Click the button below to fill out the questionnaire, or keep reading for more helpful information.

Charitable Gift Annuity Resources

Donor Story

Steve & Becky Schmidt increase their future cash flow.

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Quick Guide

Reference Guide for Charitable Gift Annuity

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Gift Summary

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