Charitable Gift Annuity
A way to give where you make a gift of cash or property to us, and we agree to make fixed payments to you or you and a loved one for life.
A Charitable Gift Annuity (CGA) is a contract between a donor and a charity. In exchange for a gift of cash or property, we agree to make fixed payments to you for the remainder of your life.
Duration of Time
You give cash or appreciated property to us. You and your beneficiary receive fixed annual payments for life at a desirable rate based on the age of the beneficiaries.
Rate Payout
Payments are based on the age of the annuitant(s). We use rates recommended by the American Council on Gift Annuities (ACGA).
Tax on the Payments to the Annuitants
A portion of most gift annuity payments is tax-free. The remainder of the income is taxed at ordinary rates and possibly capital gains rates.
Timing
A gift annuity contract can begin making payments immediately (current gift annuity) or defer payments for at least one year.
(deferred gift annuity).
How You Benefit
- You receive payments for the rest of your life.
- You may save on taxes.
- You can help meet the long-term financial needs of a loved one.
- You enjoy the satisfaction of knowing that your gift will help TNC protect nature, transform how we use natural resources, and inspire action for the planet.
Rates by Age
Payout rates are based on the age of the beneficiaries.
Charitable Income Tax Deduction
You are eligible for an immediate tax deduction. If you donated appreciated assets, you might save on capital gains taxes as well.