Guaranteed
Life Income
Charitable
Gift
Annuities
.
Charitable Gift Annuity
CGA
is a Contract Between a Donor and
CA-NV United Methodist Foundation
Donor Makes a Gift to Foundation
Foundation Agrees to Make Fixed
Payments for Life of Income
Beneficiaries.
Sample Gift Annuity Rates
AGE
RATE
70
75
80
85
90
5.1%
5.8%
6.8%
7.8%
9.0%
.
Challenge
Prepared For Mary Jones
 CD’s
are Maturing
 Interest Paid is Only 1%
 You Would Like More
Income
What Can You Do?
Changing CD Income
Mary Jones Age 82
Income With $100K CD
Mary Jones Age 82
$100K CD & No Gift Annuity
Mary Jones Age 82
$3,000
$2,000
$1,000
CD Payout
$1,000
$0
$65K CD & $35K Gift Annuity
Mary Jones - Age 82
Total Income
$2,734
Gift Annuity
7.2% Payout
$2,084
PLUS
Charitable Deduction
Partly Tax-Free
CD - 1% Payout
$650
Solution:
Consider A Gift Annuity
Fixed
Payments for Life
Higher
Rates - Senior Ages
Income
Tax Deduction
Gift Annuity
Mary Jones - Age 82
Property
$35,000
7.2% Annuity
Principal
$35,000
One
Income Tax
Deduction
$17,711. May
Save $4,428.
Life
Annuity $2,520.
Tax-free $2,084.
Effective rate 10.5%.
Church
$35,000
After one life,
property to church.
Gift Annuity
Prepared for Mary Jones
 Income
Tax Deduction
 Annuity Payout
 Tax Free Payout
 Annuity Payout
 Effective Rate
$17,711
$ 2,520
$ 2,084
7.2%
10.5%
We invite you to visit the Foundation’s
Planned Giving web page and design
your own Charitable Gift Annuity!
www.canvumfgiving.org
.
Resources, Relationships, Results