Charitable Gift Annuities

Giving through a Charitable Gift Annuity allows you to arrange a generous gift to the Community Foundation, while providing yourself a new income source you can count on for the rest of your life.  How does it work?

• You make a gift to your Community Foundation...you can give cash, appreciated stocks, real estate, or other assets.

• we set up a contract with you that combines immediate annuity payments with a deferred charitable gift.

• You receive a stream of income that is fixed, regardless of market conditions.

• Upon your death, we set up a fund in your name, in the name of your family or business, or in honor of any person or organization you choose.

• We handle all of the administrative details...issuing annuity payments to you during your lifetime, and afterward issuing annual grant awards to charities in the name of your fund.

• Your gift can be placed into an endowment that is invested over time.  Earnings from your fund are used to make grants addressing community needs.  Your gift, and all future earnings from your gift, is a permanent source of community capital, helping to do good work forever.

Income for today...a legacy for tomorrow!

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