Charitable giving doesn't have to be a one-way proposition. It is possible to make a generous charitable gift and and actually have a stream of payments flow back to you--all while generating valuable income tax benefits. A JFCS charitable gift annuity is a gift that pays you back!

How It Works in a Nutshell

A charitable gift annuity is a simple contract with JFCS in which you exchange a gift of cash or securities valued at a minimum of $10,000 for a guaranteed, fixed income each year. The rate of return on the charitable gift annuity is based on your age at the time the annuity is established and can be considerably higher than other interest you may be earning.

* effective 1/1/2012

In most cases, part of each payment is tax-free, increasing its after-tax value. In addition, investors receive an immediate income tax deduction.

Five Distinct Advantages of a Gift Annuity

• Income for life at attractive payout rates for one or two lives in a fixed amount, regardless of current investment or market conditions, backed by the full assets of JFCS.
• Income tax savings: A large part of your transfer is a deductible charitable gift.
• Tax-free income: A part of your annual payment is tax-free return of principal.
• Capital gains tax savings: When you contribute appreciated securities for a gift annuity, you bypass some capital gains taxes on your paper profit.
• Personal satisfaction: After all payments have been made for your lifetime, the balance remaining goes to JFCS to carry on our humanitarian mission of comprehensive cradle-to-rocking chair help for those who need a safe haven.

There are many ways to structure a CGA to meet your needs; for example, to supplement retirement income, care for an aging parent, or provide for a grandchild's education.

Please contact Barbara Farber, Director of the Permanent Endowment Fund, to learn more.
 

Left Column Image: