A Gift That Gives You Many Happy Returns

Reach out globally in witness, service and reconciliation through a Global Ministries gift annuity

A Charitable Gift That Returns Income To You.

A charitable gift annuity is a simple concept:
You make a gift of cash, property or stock to a qualified charitable organization and, in turn, the organization provides you with a guaranteed income for life.

The gift annuity is a form of giving that can bring you happy returns for the rest of your life - and at the same time offer you a method of assisting our organization in a very important way.

Here Are Five Ways You Can Benefit.

1. INCREASE YOUR INCOME. The rates now available from our charitable Gift Annuities are higher than those available from certificates of deposit and passbook savings. 
2. RECEIVE AN IMMEDIATE CHARITABLE INCOME TAX DEDUCTION. The Internal Revenue Service designates a part of the annuity as a gift, so you receive a charitable income tax deduction for that portion; this reduces current income tax. 
3. SAVE FUTURE TAXES. A portion of our future payments to you is tax free. It is a partial return of principal. 
4. AVOID SOME CAPITAL GAINS TAXES. If you find your Gift Annuity with an appreciated asset (something like stock or any asset, except real estate, which is now worth more than you paid for it, or that has been depreciated over the years until you now have a low basis in it), you can avoid a portion of the applicable capital gains tax. 
5. AVOID PROBATE COST AND ESTATE TAXES. When you and/or your spouse make the gift, you will receive a 100% federal estate tax deduction for the value of the gift.

You Can Choose Who Is To Receive The Future Income

As a qualified charitable organization, we enter into a contract that guarantees you income for the rest of your life, and/or the life of the person you designate.

The Annuity Can Be Funded With Many Types Of Assets

Your charitable gift can be one of cash, stock (most popular), or other assets (not real estate). If you can use a highly appreciated asset that is not presently generating much income, there are a number of additional benefits for you.

For Example

Say Ms. Jones, age 75, bough some stock several years ago for $2,500. Today, imagine that the stock has grown in value to $5,000, but is only paying a 2% dividend, or $100 a year.

Ms. Jones would like to have additional income. As a regular supporter of our organization, she would like to continue to help with our work also. By giving us the stock in exchange for a Gift Annuity, here is what happens:

We agree to provide a fixed income for life based on her age. Ms. Jones receives an annuity payment of $385 per year (over three and a half times more income than before!) Of which $105 is tax free return of principal. The gift provides a charitable tax deduction of $2,399. Presuming the donor is in the 28% tax bracket, the tax savings is $672*. This means the effective rate of return is 9.8%. Donor receives a partial bypass of capital gains tax, with a tax savings of up to $336. Probate costs and federal estate taxes are avoided.

You can see that Gift Annuities can provide a number of benefits—many happy returns—to donors.

We can provide you with specific information about your situation.

If you think a Gift Annuity might appeal to you, let us discuss it with you. There is no obligation, of course.