Planned Giving Tools

Gift Annuities

Charitable Gift Annuity

A charitable gift annuity can be a solution for individuals with appreciated assets.  A charitable gift annuity pays you an attractive fixed annuity payment guaranteed for life and offers special tax benefits. Also, assets placed into a gift annuity are protected for life.  At death, the ministries of your choice are blessed.

Deferred Charitable Gift Annuity

A deferred charitable gift annuity functions similar to a basic charitable gift annuity. The difference is, with a deferred charitable gift annuity you can choose a future date for payments to begin.

 

FAQs

Q: What is a Charitable Gift Annuity?

A: A Charitable Gift Annuity is a contract wherein an individual or couple transfers cash or securities to the Assemblies of God Foundation in exchange for a promise to pay the donor(s) for the rest of their lives. Payments and rates are calculated based on the life expectancy of the donor(s). They are typically most beneficial to seniors who want certainty and stability in their income stream. Creation of a charitable gift annuity creates an immediate charitable tax deduction for the donor(s), and payments are backed by the issuing entity. Upon the death of the donor(s), any remaining amount is distributed to the Assemblies of God Foundation and other charitable organizations chosen by the donor(s). Charitable gift annuities are available in most states, but there are a few exceptions.