Charitable Gift Annuity

A way to support Gospel for Asia and receive fixed annuity payments for life.

Charitable Gift Annuity

Stock or Cash

Gift Annuity

Donor

GFA

Benefits of a Charitable Gift Annuity

• Receive fixed payments to you and/or another annuitant you designate for life
• Qualify for a charitable income tax deduction for the charitable gift portion of the annuity in the year the CGA is funded.
• Benefit from payments that are generally much higher than CDs and are partially tax-free
• Further the charitable work of Gospel for Asia with your gift

How a Charitable Gift Annuity works

Charitable Gift Annuities to benefit Gospel for Asia are administered by the National Christian Foundation (NCF). NCF issues CGAs on our behalf. NCF's commitment to pay your annuity is a legally binding contract, and since 1998, when their first CGA was issued, they have never missed an annuity payment. They have an extremely careful and prudent investment policy that provides maximum security for all of the CGAs they issue, and CGAs are typically reinsured for even greater security.

1. GFA will send you a CGA illustration based on your age and payout preferences, showing the amount you will receive and the amounts that are tax-deductible. A CGA contract with NCF will be included with the CGA illustration.
2. If you decide to fund a CGA, you transfer cash or securities along with a signed CGA contract to NCF to benefit Gospel for Asia.
3. In exchange, you will receive fixed payments for life. The payment can be quite high depending on your age and when you want your payments to start.
4. You will qualify for a charitable income tax deduction for the gift portion of the CGA in the year it is funded.
5. You also receive satisfaction, knowing that many people in Asia will experience the love and grace of Jesus through the gift portion of your CGA.

If you fund your CGA with cash, a significant portion of the annuity payment will be tax-free. If you fund it with appreciated securities, you can avoid a portion of the capital gains tax.

Contact us

If you have any questions about charitable gift annuities, please contact us. We would be happy to assist you and answer your questions.

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