Charitable Gift Annuities
You can make a generous gift and receive a stream of payments to you and/or a loved one—all while generating valuable tax benefits.
How it works:
- JFCS promises by contract to pay you and/or a loved one fixed payments for life in exchange for a gift of cash or securities
- Amount of payments is based on your and/or your beneficiary’s age and the value of the donated asset
- After your lifetime(s), the remaining balance passes to JFCS
Your benefits include:
- Income for you and/or a loved one for life
- Immediate income tax deduction for a portion of your contribution
- A portion of future payments may be tax-free
- Favorable capital gains treatment for appreciated securities
- Flexibility to start payments immediately or defer to a later date
- Favorable payout rates
- Security of your investment being backed by JFCS and not affected by market fluctuations
How to make your gift:
- Minimum gift of $10,000 by someone 65 or older
- Contact us for a personalized illustration of your payout rates and tax advantages, with no obligation
- Click here to view a brief guide to CGAs.
As with other important financial decisions, you may want to consult legal and financial professionals for advice.
