In recent years, charitable gift annuities have become a popular way for individuals to arrange for a lifelong annual income that will also benefit their favorite charities. Les Fox, former president and CEO of REAL Services, is a firm believer in the value of gift annuities.

Les, who has been recognized at the local, state, and federal level for his many contributions and services to the community, has established two charitable gift annuities with the Community Foundation to benefit his favorite charity: REAL Services.

Les receives a fixed quarterly income for life from the assets that he gifted to the Community Foundation. After his death, any assets remaining in his gift annuities will be transferred to the Lester and Viola Fox Fund.

Every subsequent year, REAL Services—the organization that Les founded in 1966 to serve the elderly, disabled and low-income families in a fivecounty area—will receive grants generated by the earnings from that fund. As Les Fox knows, charitable gift annuities are a wonderful way to continue to support the causes that you care about long into the future.   

Currently, the Community Foundation includes approximately 40 charitable gift annuity funds, and the number continues to grow.