How a Charitable Gift Annuity Works: Three Easy Steps
A charitable gift annuity (CGA) is a way to make a gift to support the causes that you care about. You make a gift of cash or property to our organization. In return, we will make payments for life to you, you and a loved one, or another person. Each payment will be fixed and the amount of each payment will depend on the age of the person who receives the payments. After all payments have been made, we will receive the remaining value of your gift to support the causes that matter to you.
- In a written agreement, you give your asset to our organization.
- The remaining value of your gift goes to the charity.
- Payments are made to you in regular installments. You also receive a tax deduction.
With a charitable gift annuity, you can have the fulfillment that comes with supporting a cause you care about while achieving your personal and financial goals. Call 732-922-9802 x2128 or e-mail Foundation@UMCommunities.org to learn more.