Charitable Gift Annuities

Gift Annuities are a popular way to make charitable contributions because they allow you to make a special gift to CWA and also retain a life-long income stream.

The donor makes an irrevocable gift (minimum $20,000) and receives a fixed income stream for the rest of their lives. The amount is determined at the time the annuity is set up - it will never change, and depends partly on age. The income or annuity payments may go to the donor or another individual. They can also be set up to continue for two lives, both a husband and wife for example, although these rates will be slightly lower.

Additionally, donors may set up a deferred CGA in order to get higher rates. The payments do not start immediately, but at a later date (such as the donors 80th birthday). This option is useful for younger donors who are still working and not worried about their current income stream.

To offer CGAs, CWA partners with the Christian Community Foundation (CCF), and so all annuities are subject to CCF guidelines. They are not available in all states.

There are many different ways to use annuities to meet your financial and charitable goals. For more ideas, contact our planned giving office.