Charitable Gift Annuity

Many people have a heart to give to ministry but they still need income today. Focus on the Family can provide you and/or a loved one with a secure source of fixed income payments for life through a Charitable Gift Annuity. A residual amount will be left to Focus as a charitable gift, upon the maturity of the annuity contract.

Benefits of a Charitable Gift Annuity

  • Receive fixed income payments
  • Receive an immediate charitable income tax deduction
  • Further the ministry of Focus on the Family for years to come

How a Charitable Gift Annuity Works

A charitable gift annuity is a way to make a gift to support Focus on the Family.

  1. You transfer cash or appreciated securities to Focus on the Family.
  2. In exchange, we promise to pay fixed payments to yourself or another annuitant that you designate for life, and a portion of each payment will be tax-free.
  3. You will receive a charitable income tax deduction for the gift portion of the annuity.
  4. You also receive satisfaction, knowing that you are helping further the mission of Focus on the Family.

If you decide to fund your gift annuity with cash, a significant portion of the annuity payment will be tax-free. You may also make a gift of appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax.

How Charitable Gift Annuities Provide Flexibility

Immediate charitable gift annuity. With an immediate gift annuity, you may transfer cash or appreciated securities in exchange for our promise to pay you fixed payments beginning as early as this year. You will receive an income tax charitable deduction this year for the value of your gift to Focus on the Family.

Deferred charitable gift annuity. Perhaps you are not ready to begin receiving payments until a future date, such as when you retire. With a deferred gift annuity, you establish the gift annuity today, receive a charitable income tax deduction this year, but defer the payments until a designated date sometime in the future. Best of all, because you deferred the payments, your annual payment will be higher when the payments start than they would have been with an immediate gift annuity.

Flexible deferred charitable gift. With a flexible deferred gift annuity, you retain the flexibility to decide when the annuity will begin making payments. As with a deferred gift annuity, you establish the annuity today and receive a charitable deduction this year, but the payments are deferred until such time as you elect to begin receiving the payments.

Featured Resource
Free eBook "Charitable Gift Annuity"

For more information related to this topic, download this free eBook!

Contact the Planned Giving Team

We’re here to help navigate those unique questions regarding your estate.

Have a Question?

Fill out the form below to send us a message or to request a free 30-minute consultation to discuss your personal situation. We're happy to help.

How to Reach Us

To speak with one of our planned giving specialist, schedule a consultation, request resources, or inquire about general information contact us at the number below.

800-782-8227

Mon - Fri: 8am - 5pm MST

Focus on the Family
Attn: Planned Giving
8605 Explorer Drive
Colorado Springs, CO 80920

How to Reach Us

Share:
Share on facebook
Share on twitter
Share on pinterest
Share on print
Share on email

You May Also Like

Resources

Tax Act of 2017

Charitable Giving becomes the beneficial variable you can control. It’s here. And, it will likely impact all of us. But for those who like to give, The Tax Cuts and Jobs Act of 2017 can bring many new opportunities to give more and give more wisely. As the 2018 year

Read More »
Grandmother hands young grandson money while mother watches, smiling
Resources

The SECURE Act

How have changes to IRAs impacted you? Over 63% of all households have retirement accounts with an estimated $9.5 trillion in Individual Retirement Accounts. For many families, this is the primary savings plan for their retirement years. In December 2019, the Setting Every Community Up for Retirement Enhancement Act (SECURE)

Read More »
Father smiles at young son playing with toys
Donor Advised Funds

Donor-Advised Funds: Are they right for you?

The Donor-Advised Fund (DAF) is the fastest-growing charitable vehicle in the United States today because it offers excellent tax saving options, great flexibility, and complete anonymity. This tool is also great for turning complex assets, such as real estate, business interests, or oil & gas, into tax-efficient funding for your

Read More »