Gifts That Provide Income

When you wish to make a gift to ministry but need to maintain the use of the property for current income, there are charitable options that allow you to receive income and make a generous gift.

The Charitable Gift Annuity (CGA)

The CGA provides income based upon the age(s) of the annuitant(s). The older you are, the higher the income paid.
Benefits of the CGA include fixed income for life (a portion may be tax-free), a charitable tax deduction, partial avoidance of any capital gains tax, and the joy of knowing you are making an important contribution to Kingdom ministry.
The charitable gift annuity is an agreement between you and a specific charity, funded with cash and/or appreciated securities. The following chart represents a sample of current CGA rates for one and two life annuities.
Single Life Age
% Rate
Two Lives Ages
% Rate
65
4.2
65/68
3.9
68
4.5
70/72
4.2
72
4.9
73/75
4.5
75
5.4
78/80
5.2
80
6.5
83/85
6.2
85
7.6
85/88
6.9
To learn more about the Charitable Gift annuity, download our eBook, Charitable Gift Annuity, here.

The Charitable Remainder Trust (CRT)

The Charitable Remainder Trust (CRT) If you have appreciated property that you would like to sell to receive more income, consider transferring that property to a charitable remainder trust. The trustee will sell the property and invest the proceeds—without payment of capital gains tax—to provide you income. You receive an income tax charitable deduction for the value of your future gift to ministry, income for a term of years or for life, and you do not have the worries of management. To read our eBook about Charitable Income Agreements, click here.