Charitable Gift Annuity

Of all life-income gifts, the charitable gift annuity (CGA) is the most popular. You can supplement income in retirement or provide income to aging parents, for example, with a simple donation and contract.

Make a gift of $10,000 or more in cash or securities to The ALS Association and in return we will provide guaranteed, fixed lifetime income to you and/or a loved one. When the contract ends, the remainder is used in support of the Association’s mission.

Benefits

Fixed quarterly or annual lifetime income at an attractive annuity rate
- Safe from fluctuations in the market
Income can go to up to two beneficiaries jointly or successively
Immediate charitable deduction and partial income tax benefits for years to come
Possible capital gains tax savings if you fund the CGA using appreciated securities
Choose between immediate payouts or deferred payouts for higher annuity rates and a larger charitable deduction

Requirements

Irrevocably donate cash or securities totaling $10,000 or more to The ALS Association
Beneficiaries must be at least age 60 at the time of the gift
- If under age 60, consider a deferred charitable gift annuity
Completion of a simple application and agreement

Let’s Get Started

Our staff will provide a free, no-obligation customized example of how a CGA could benefit you and/or a loved one. We’ll calculate your payments and tax benefits based on your beneficiary age(s), funding method, and anticipated gift amount. Contact us to get started today.