Charitable Gift Annuity—Immediate Payment

charitable_gift_annuity.png

How It Works

  1. Transfer cash or other property to NNU
  2. NNU guarantees to make lifetime payments for up to two annuitants

 Benefits

  • Guaranteed payments for life that are favorably taxed
     
    1.  When gift is funded with cash, part of payment will be tax-free
    2.  When gift is funded with appreciated property, part will be taxed as capital gain, part will be tax-free, and part will be taxed as ordinary income
  • Federal income-tax deduction for a portion of your gift
  • Gift will provide generous support for NNU

Next Steps

Back

©Planned Giving Content, Pentera Inc. All rights reserved.