As of January 1, 2023, return rates of charitable gift annuities increased. With this increase, 2023 is a great time to lock in these new rates by creating a charitable gift annuities through the Foundation to both benefit you and your church or favorite ministry. View the Charitable Gift Annuity brochure.
Benefits of a Charitable Gift Annuity
- Designate future support for your church or other charities, programs, or institutions
- Ability to receive a current income tax deduction
- Receive annuity payments for life with a portion being tax free
- Ability to avoid a portion of capital gains tax when funding a gift annuity with appreciated stock
- Receive rates determined by your age when the gift is created; these rates will not change
- Increase present cash flow depending on your age
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