Charitable Gift Annuity
If you're tired of living at the mercy of the fluctuating stock and real estate markets, a charitable gift annuity can provide you with a secure source of fixed payments for the remainder of your life.
Benefits of a charitable gift annuity
- 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.
- Make a real-world impact on your favorite charity.
How a charitable gift annuity works
A charitable gift annuity is a great way to receive fixed income payments throughout your life while also supporting your favorite charity.
- You transfer cash or property to The Catholic Foundation.
- In exchange, you receive fixed income payments throughout your life. The payment can be substantial depending on your age, and a portion of each payment may be tax-free.
- You will receive a charitable income tax deduction for the gift portion of the annuity.
- You also receive the profound joy of knowing you're supporting your favorite cause.
If you decide to fund your gift annuity with cash, a significant portion of the annuity payment will be tax-free. You may also make a gift of appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax. Please contact us to inquire about other assets that you might be able to use to fund a charitable gift annuity.
Contact us
Please contact us with any questions about charitable gift annuities.