Charitable Gift Annuity
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 through your fund at the Catholic Community Foundation of Minnesota (CCF) that can provide you with a secure source of fixed payments for life.
Charitable Gift Annuity
Stock or Cash
Gift Annuity
Donor
CCF
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.
- Diversify your charitable giving through a CGA with CCF.
How a Charitable Gift Annuity Works
- You transfer cash or property to CCF.
- In exchange, we promise to pay fixed payments to you for life. Payments are determined based 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 causes closest to your heart.
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.
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.
