Planned Giving

Too Good to Be True? 

Charitable Gift Annuities and Tax-Free Income

Everyone likes opportunities for more income, but no one wants to pay additional taxes.  
Through a charitable gift annuity (CGA), you can bless the work of YFC AND receive regular payments for the rest your life – most of it tax-free.
Is this too good to be true? No!
This life income arrangement is based on an IRS formula that considers part of your income as a return on your original gift. That means a percentage of any income from a CGA is tax-free to you.
For example, Betty, a 74-year-old, makes a $20,000 gift for a CGA. She will receive over $1,200 each year, and of that amount, approximately $840 will be tax-free.
Is a charitable gift annuity the right giving solution for you?
Contact Tom Burton at 320.235.0119 or to learn more about gifts that provide income for life and to request your personalized proposal for what your payments from a CGA would be.