Charitable Gift Annuities
Fixed Income Now, Support For A Cause Later
Charitable Gift Annuities allow you to support nonprofits addressing causes that matter to you while also receiving quarterly income.
You receive a fixed stream of income for your lifetime (or the lifetimes of up to two people). A portion of the total income you receive is tax-free.
Your annuity program begins at age 60. However, younger donors may defer income until they are 60, and still realize a tax benefit now.
Our quarterly payment rates follow the percentage rates set forth by the American Council on Gift Annuities, which are based upon prudent projections of investment return and life expectancy.
An 82-year-old who put $10,000 in a 2015 CGA could achieve close to his initial investment ($9,998.07) in tax savings and tax-free income in 10 years, and also have $5,211.30 available for charitable purposes upon his death. Learn more. (PDF)
Run a Customized Illustration
of how a CGA could work for you