Charitable Gift Annuity

A Charitable Gift Annuity is a financial agreement between you and a charity. You make a donation, often in cash or property, and in return, the charity promises to pay you or a designated beneficiary a fixed sum of money for life. This arrangement provides you with a steady income stream, often at a favorable rate, while benefiting the charity with your donation. Additionally, you may receive tax advantages, as part of your gift may be tax-deductible. It’s a way to support a cause you care about while ensuring financial security for yourself.