Answers to Your Prospects' Questions: Charitable Gift Annuities

• You can use it to convert highly appreciated but low-yielding assets into a lifetime income stream at greatly reduced capital gains cost, while also securing an immediate income tax deduction.
• You will frequently receive a higher payment rate from a gift annuity than from any other life-income gift.
• Your payments will be safe, stable and predictable.
• Part of your annuity payments will come to you tax-free. If you funded your annuity with appreciated assets, another portion of your payments will be taxed at low capital gains rates. Only the remaining balance of the payments will be taxed as ordinary income.

No, a gift annuity is a contract between us, providing for our payments to you in return for your gift to us.  Your lifetime payments are one of our general obligations, fully backed by all of our assets.