By Jon Dize, CFRE
Director of Development & Strategic Initiatives

“But store up for yourselves treasures in heaven, where moths and vermin do not
destroy, and where thieves do not break in and steal.” ~ Matthew 6:20 (NIV)

As we navigate the golden years of our lives, many find joy in reflecting upon the blessings received and seek ways to give back. One way to leave a lasting legacy and continue your stewardship is through Charitable Gift Annuities (CGAs). This financial arrangement not only supports causes close to your heart but also provides several practical benefits.

1. Steady Income Stream: With a CGA, you can make a charitable donation and, in return, receive a fixed income for life. This is particularly comforting for those who appreciate the stability of a steady income source and the ability to manage finances with confidence. The income you could receive is often higher than what traditional fixed-income investments like CDs and commercial annuities might offer.

2. Peace of Mind: In uncertain times, the stability and security of a CGA can provide peace of mind. Knowing that you have taken care of your financial needs while also supporting charitable work offers a profound sense of fulfillment and contentment.

3. Support Your Passion: One of the most fulfilling aspects of a CGA is the opportunity to support organizations and causes that align with your values and beliefs. Whether it’s your church or a local charity like Worship Anew, your contribution can make a significant impact.

4. Legacy and Stewardship: Establishing a CGA allows you to leave a meaningful legacy. It reflects a life lived with purpose and generosity, passing on the values of philanthropy and stewardship to future generations.

5. Simplified Giving: Setting up a CGA is a straightforward process. Many charitable organizations, like Worship Anew, have professionals who can guide you through the steps, ensuring that your gift aligns with your financial goals and philanthropic desires. This simplicity makes it an accessible option for those who may not be familiar with complex financial instruments.

6. Tax Benefits: Charitable Gift Annuities come with attractive tax advantages. When you establish a CGA, a portion of your gift may be eligible for a charitable income tax deduction. Additionally, part of the annuity payments you receive could be tax-free for a period of time. This can be especially beneficial if you are looking to manage your taxable income effectively.

Charitable Gift Annuities offer a beautiful way to intertwine financial security with heartfelt generosity. By embracing this form of giving, you can enjoy the benefits of a steady income, tax advantages, and the joy of making a positive impact.

As we walk in faith, let us remember the importance of giving and the blessings it brings to both the giver and the receiver.

REASONS YOU MIGHT CHOOSE TO GIVE THROUGH A CHARITABLE GIFT ANNUITY
» Can include yourself, and up to one other person (such as a spouse).
» You want an easy solution where you can rely on someone else’s expertise for fund management.
» You want to support Worship Anew while also receiving fixed payments for life.