ADDING VALUES TO STRONG PERFORMANCE

Charitable Gift Annuities

A charitable gift annuity (“CGA”) provides a fixed lifetime income payment to you as the donor(s), or to one or two life income beneficiaries (annuitants) you may designate. After the death of the annuitant(s), the remainder of the gift goes to the charitable beneficiary(s) you designate.

Benefits of a Charitable Gift Annuity:

Charitable Gift Annuities carry no direct fees to you or your designated charities. Friends Fiduciary charges the CGA asset pool an annual administrative fee, in addition to investment and bank fees. At the time of termination, Friends Fiduciary retains 10% of the remainder to support the actual expenses and future payment liabilities of the Charitable Gift Annuity program.

 

Illustrations

Friends Fiduciary can provide you with illustrations, calculations and information on Charitable Gift Annuities, including an estimated charitable deduction for the gift annuity. For an illustration please contact us at 215-241-7272 or info@friendsfiduciary.org.   Click here to use our Online Gift Calculator.

Resources