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 is transferred to your designated charity’s account at FFC.
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.
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 firstname.lastname@example.org. Click here to use our Online Gift Calculator.