The Charitable Gift Annuity (CGA) is a planned giving tool that transfers assets to an organization through which the donor benefits with a partial tax deduction and the organization agrees to pay the donor a stream of income (based on the IRS tables) for life. A portion of each annual annuity payment to the donor may be tax free or taxed at the capital gains level. A CGA may be funded with cash, CDs, or through appreciated assets like stocks, bonds, or real estate.
The donor benefits of a CGA are two-fold: the donor enjoys the satisfaction of giving while still benefiting with an annual income payment.
Call or email Gary Nelson (email@example.com), Planned Giving Manager at 402-451-0787, ext 339, 888-345-1374 or by cell at 402-560-7123.