You transfer your cash or appreciated property to The Community Foundation in exchange for our promise to pay you fixed payments (with rates based on your age) for the rest of your life. You may be tired of living at the mercy of the fluctuating stock and real estate markets. A charitable gift annuity is a gift made to our organization that can provide you with a secure source of fixed payments for life.
Benefits of a Charitable Gift Annuity
- Leave a lasting legacy with your gift
- Receive fixed payments to you or another annuitant you designate for life
- Receive a charitable income tax deduction for the charitable gift portion of the annuity
- Benefit from payments that may be partially tax-free
How a Charitable Gift Annuity works
A charitable gift annuity is a way to make a gift to support The Community Foundation.
- You transfer cash or property to The Community Foundation.
- In exchange, we promise to pay fixed payments to you for life. The payment can be quite high depending on your age, and a portion of each payment may even be tax-free.
- You will receive a charitable income tax deduction for the gift portion of the annuity.
- You also receive satisfaction, knowing that you will be helping The Community Foundation or an affiliated fund.
Contact Us
If you have any questions about charitable gift annuities, please contact us. We would be happy to assist you and answer your questions.