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charitable gift annuities charitable remainder trusts charitable lead trusts bequests in wills planned giving options |
 
A charitable gift annuity provides a powerful tool by which donors can support a charitable organization, while providing themselves a guaranteed income for life – usually at above-market rates.
A charitable gift annuity is a contract between a donor and National Catholic Community Foundation that provides a lifetime of annuity payments to the donor (and survivor or other beneficiary) in exchange for an irrevocable gift of cash, securities or other assets. Generally, the rate of return is enticing, and the payments are guaranteed for life. The charitable gift annuity, as with any planned gift, can be used to create a donor-advised fund at NCCF to benefit a specific charity or charities. Donor Benefits Under this program, administered by Haverford Trust, a donor makes a contribution of cash or securities to NCCF and, in return, receives an income guaranteed for his or her life (and another beneficiary, if desired). (See case study.) The donor also enjoys certain tax advantages associated with the contribution and the income derived from the annuity. Upon the death of the annuitant(s), the remainder will be distributed as advised by the donor, less an administrative fee (unless the remainder stays with NCCF for unrestricted use – see fee schedule on back of this page). Organizations may set up an annuity program for their benefit Nonprofit organizations without the ability to manage gift annuities may use NCCF to help their donors endow the organization. We will assist charities in presenting the charitable gift annuity option to their constituents. When the remainder of a chartable gift annuity remains with NCCF in the form of donor-advised fund, it provides an endowment for an organization’s future. To participate in NCCF’s Charitable Gift Annuity Program Contact NCCF directly for more information. We will create a proposal tailored for the individual donor. |
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