Charitable Gift Annuity (CGA)
Make a gift and receive fixed annuity payments each year for the remainder of your life.
Charitable Gift Annuity (CGA) is a charitable solution for those who have a heart to give but desire a source of ongoing income.
A charitable gift annuity (CGA) is a simple arrangement that involves a charitable gift and an annuity. You make the gift (part of which is tax-deductible), and then you receive fixed annuity payments each year for the remainder of your life. If you wish, payments can go to a family member or friend instead.
ADF partners with National Christian Foundation (NCF) to offer gift annuities. NCF is a like-minded, Christian ministry that was established in 1982, and your annuity payments are backed by nearly $6 billion in assets. To learn more about NCF, visit their website at: https://www.ncfgiving.com/
Benefits of a charitable gift annuity
- Receive fixed payments for life
- Receive an income tax deduction for the charitable gift portion of the annuity
- Receive tax-free payments (in many cases)
- Further the mission of Alliance Defending Freedom
How it works
- You make an irrevocable gift of cash, securities, or other property to NCF. [ADF facilitates the CGA process with you and NCF.]
- The minimum gift annuity is $25,000.
- There are multiple funding options. You can give cash, publicly traded securities, or a qualified charitable distribution.
- Age minimum requirements for pre-determined beneficiaries.
- Not available in New York or Hawaii.
- You will receive a charitable income tax deduction for the gift portion of the annuity.
- You will receive payments quarterly, semi-annually, or annually directly into your bank account.
- Once your CGA has been established at NCF, the charitable gift portion is transferred to Alliance Defending Freedom.
Contact us today for a personalized gift illustration
If you have any questions about charitable gift annuities, or would like a gift illustration, please contact us. We would be happy to assist you and answer your questions.
