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to Foundation Focus Page Tip for Donors - Planning for the Future
A Charitable Gift Annuity provides the means to make a generous charitable gift while providing an income source you can count on for the rest of your life.
Here is how it works:
- You make a gift to the Community Foundation for Muskegon County
- An agreement is written with you that combines annuity payments with a deferred charitable gift
- You receive a payment from the Foundation during your lifetime, usually quarterly, that is fixed and is not affected by changing market conditions
- You receive a tax deduction for the charitable portion of your gift
- Upon your death we create a fund in your name with the remainder of your gift, and the fund will support organizations and causes that you have chosen and established.
A Charitable Gift Annuity is a great way to convert low yielding assets into a guaranteed income stream without the worry and uncertainty of fluctuating markets.
Call the Foundation office for a personalized illustration of how a Charitable Gift Annuity could work for you in providing ongoing financial security and a gift that will benefit our communities for years to come. For good . For ever .
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