If you’re looking for a way to maintain your current lifestyle, increase your financial security and lower your taxes, consider creating a charitable gift annuity. You will receive fixed annual payments for as long as you live.
If you are under 65, you may want to consider a deferred charitable gift annuity, where payouts start after you reach a specified age.
Tri Delta’s Foundation partners with National Gift Annuity Foundation, the country’s largest provider of charitable gift annuities, to provide this giving option to our donors in the most secure way.
Benefits
- A portion of your gift qualifies for an immediate income tax deduction
- Annuity payments are guaranteed for life, backed by a reserve and the assets of National Gift Annuity Foundation, the country’s largest provider of gift annuities
- Annuity payments are partially tax-free, making them more valuable than fully taxable income of the same size
- Tri Delta’s Foundation will receive the residual of the annuity upon your death, creating a legacy impact in your memory
How It Works
- The Foundation will work with you to establish an annuity contract with National Gift Annuity Foundation. You’ll transfer cash or securities to NGAF as outlined in the agreement.
- NGAF will invest the assets and pay you (or up to two annuitants) fixed income for life, with the amounts dependent on the size of the transfer and the age of the annuitants.
- The remaining funds pass to us when the contract ends, creating a meaningful impact.
Looking for more information about charitable gift annuities? Consult with a qualified estate planning attorney and a financial advisor to determine if this is the right option for you.
Ready to get started? Email us at foundation@TriDeltaEO.org or call 817-633-8001.