Benefits of a charitable gift annuity Income stream for the rest of your life. Immediate partial tax deduction, based on your life expectancy and the anti.ted income stream. Potential for a portion of the income stream to be tax free. Possibility of donating many types ofets cash, securities plus personal property..A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guarantyociation affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance..A charitable gift annuity is described generally as a transaction in which an individual transfers cash or property to a charitable organization in exchange for the charity’s promise to make fixed annuity payments to one or two life annuitants..Charitable gift annuities have some tax advantages you can’t get with other investments or methods of donation. Immediate tax deduction. When you donate, you get a tax deductionnot for the entire amount you donate, but for that amount minus the expected amount you’ll get back in payments over your lifetime..
By funding a charitable gift annuity, you are creating a lasting legacy and helping to do the Lord’s work. Giving is an act of worship, another way to offer your Lord a thankful response for his never failing gifts..Charitable gift annuity. Our Charitable Gift Annuity is one of the easiest ways to establish a plan for giving and provide a lifetime of reliable annuity payments..