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Charitable Gift Annuity

Posted By pcfadmin On March 2, 2011 @ 6:04 pm In | No Comments

Charitable Gift Annuity

A gift annuity is a simple contract between you and the Prevent Cancer Foundation, which provides income for you and for the Prevent Cancer Foundation, with excellent tax savings. Make a gift of cash, stocks, bonds or life insurance and we will pay you a specified annuity each year for life. The annuity income is a percentage of the total donation and is based on your age at the time the gift is made. It provides:

  • Income for life for you, part of which is tax-free
  • Immediate income tax charitable deduction
  • Reduction of capital gains tax on sale of gifts of appreciated property
  • Elimination or reduction of estate tax

For more information contact our Planned Giving department:

E-mail: Tanya.Blue@preventcancer.org
Phone: (703) 837-3684

Article printed from Prevent Cancer Foundation: http://preventcancer.org

URL to article: http://preventcancer.org/donate/planned-giving/charitable-gift-annuity/

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