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Phone: 770.449.6726Fax: 770.449.6680
E-mail: info@ngumf.org
Charitable Gift Annuities • With a Deferred Gift Annuity, a current charitable deduction can be obtained while deferring income payments to a date in the future such as retirement.
A gift annuity is a gift of money or other marketable property in exchange for a fixed annual payment for the rest of one or two person's lives. At a specified date or the death of the annuitant (a recipient of payments), the remaining funds are distributed to the charity named as the beneficiary.
Some advantages of a charitable gift annuity are as follows:
• Charitable deduction for a portion of the amount given for the gift annuity.
• Increased cash flow to beneficiary compared to investment returns.
• Steady fixed payments that do not fluctuate with market changes.
• Costs less to establish than a trust.
• Provides a future gift to your charity.
For additional information, please read the Charitable Gift Annuity FAQs.