Charitable Gift Annuity

"I found them to be absolutely so reliable that I kept adding yearly to the number of gift annuities I have." Salvation Army Annuitant

You may be tired of living at the mercy of the fluctuating stock and real estate markets. A charitable gift annuity is a gift made to our organization that can provide you with a secure source of fixed payments for life.

The minimum to establish a gift annuity is $10,000. All beneficiaries must be 65 years of age when they begin to receive payments. A deferred annuity may be established beginning at age 45.

Minimum gift amount is $10,000

Charitable Gift Annuity

Stock or Cash

Gift Annuity

Donor

Salvation Army

Benefits of a charitable gift annuity

• Receive fixed payments to you or another annuitant you designate for life
• Receive a charitable income tax deduction for the charitable gift portion of the annuity
• Benefit from payments that may be partially tax-free
• Further the charitable work of The Salvation Army Eastern Territory with your gift

How a charitable gift annuity works

A charitable gift annuity is a way to make a gift to support The Salvation Army Eastern Territory.

1. You transfer cash or property to The Salvation Army Eastern Territory.
2. In exchange, we promise to pay fixed payments to you for life. The payment can be quite high depending on your age, and a portion of each payment may even 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 will be helping further our mission.

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. Please contact us to inquire about other assets that you might be able to use to fund a charitable gift annuity.

Contact us

Please contact us so that we can assist you with a no obligation detailed personal analysis. We would be happy to assist you and answer your questions.

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