Charitable Gift Annuity

A charitable gift annuity is an agreement between a donor and a charitable organization like Plan USA.

In return for a donation of cash, appreciated securities or other property held for more than one year, Plan USA agrees to pay a fixed payment for life to you and/or to a family member or friend. You may claim a charitable tax deduction for your gift and a portion of the payments may be tax-free. Should you wish to fund a gift annuity with long-term capital gain property, you will have to report only some of the gain, and you may be able to report it in installments over several years.

Deferred Gift Annuity

A deferred charitable gift annuity is usually established by younger donors to supplement future retirement income. Payments begin on an agreed upon date in the future. The deferred gift annuity pays a guaranteed fixed income for life to the donor and/or other beneficiary; annuity income may be partially tax-free; the gift generates a federal income tax deduction; and assets exchanged for the annuity may avoid or reduce federal estate and probate expenses.

If you would like to run personal illustrations in the privacy of your home or office to see how you might benefit from creating a charitable gift annuity, you might benefit from our online Giftlaw Calculator. Any information you enter in the calculator is not stored or captured. You may also contact us toll free at 1-800-556-7918 and ask to speak with a member of our Planned Giving team.

Charitable gift anniuties may not be available in all states.