An annuity is an agreement between an individual and a charity. The donor transfers assets to a charity and receives fixed payments, a lifetime annuity, for the rest of his or her lifetime and/or the lifetime of another person, if desired.
A gift annuity offers you a way to support causes in which you believe while benefiting from:
The amount of fixed payments into an annuity is based on your life expectancy. The older you are, the higher the payment. Annuity payments can start right away or after you retire. Assets used to create an annuity can be cash, real estate or securities.
For any questions you may have on a gift annuity, please contact us. We will be glad to help you.