GIFT ANNUITIESGIFT ANNUITIES

A gift annuity is a simple written agreement that allows you to make a gift of cash and/or securities to InFaith and receive payments for life and a charitable deduction.

  • Your gift can be cash or appreciated publicly-traded securities. Minimum gift is $10,000.
  • A portion of the payments are typically tax-free.
  • If you make a gift of appreciated securities, you will recognize only a portion of the capital gain over a period of time.
  • The income payments from gift annuities can begin immediately or be deferred. The minimum age for a gift annuity is typically 50, but it can be lower for deferred gift annuities with payments beginning after age 50.
  • The payment you receive is fixed and the amount is based on life expectancy and other factors.
  • Payments are backed by the full faith and credit of InFaith.
To discuss your options, please contact an InFaith Gift Planner or call 800.365.4172.

DONOR STORYDONOR STORY

The Donor
An 81-year-old woman wanted to increase her income and benefit charity.

The Gift
She made a gift of $10,000 to create a gift annuity and received a charitable deduction of $4,993.70*. She will receive $730/year for life (7.3%), of which $568 of each annual payment is tax-free for 8.8 years.


At her death, the gift will benefit her church's endowment fund at InFaith.

 

*Payout rates, charitable deductions and other benefits vary based on a number of factors.