Who donates to charity through Gift Annuities? Most Gift Annuity donors are retired, want to increase their cash flow, seek the security of guaranteed payments, and want to save on taxes. A charitable Gift Annuity may be right for you if:

• The interest rates on your CDs and other fixed-income investments have declined, and you’d like to increase your cash flow. Gift Annuity rates range from 5–9%, depending on your age.

• You own appreciated stock you’d like to sell and reinvest to generate more income, but don’t want to pay capital gains tax.

• You’d like to count on fixed payments, which aren’t affected by interest rates and stock prices and which you can’t outlive.

• You want to assure continuation of payments to your spouse without the delay of probate proceedings.

• You’d like to provide financial assistance to an elderly parent, a sibling, or another person in a tax-advantaged manner.

• You like knowing that your gift annuity will one day benefit your community or your favorite charity.

A Gift Annuity is a contract between you and the Community Foundation: The Foundation accepts a gift of cash or other assets from you, and then pays you a guaranteed income for life determined by the gift’s value. After you die, the remaining assets in the Gift Annuity go into a permanent fund to benefit the cause of your choice.

You can make the future brighter for a cause you care about through a Gift Annuity with the Community Foundation of St. Joseph County. For more information and current annuity rates, contact President Rose Meissner at (574) 232-0041, or use our online Gift Annuity Calculator for a free illustration of how a Gift Annuity might work for you.