Charitable Gift Annuity
A charitable gift annuity is a contract between a donor and a charity with the following terms: As a donor, you make a sizable gift to charity using cash, securities or possibly other assets. In return, you become eligible to take a partial tax deduction for your donation, plus you receive a fixed stream of income from the charity for the rest of your life.
Steps on How Charitable Gift Annuity Works:
1. You transfer cash or property to Perception Funding.
2. In exchange, we promise to pay fixed payments to you for life. The payment can be quite high depending on your age, and a portion of each payment may even be tax-free.
3. You will receive a charitable income tax deduction for the gift portion of the annuity.
4. You also receive satisfaction, knowing that you will be helping further our mission and help ministries.
If you decide to fund your gift annuity with cash, a significant portion of the annuity payment will be tax-free. You may also make a gift of appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax.
Your Benefits as the Donor:
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Receive fixed payments to you or another annuitant you designate for life
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Receive a charitable income tax deduction for the charitable gift portion of the annuity
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Benefit from payments that may be partially tax-free
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Further the charitable work of Perception Funding with your donation
Learn more about if Charitable Gift Annuity is right for you by visiting the link below.