About charitable gift annuities
If you’re looking for a way to maintain your current lifestyle, increase your financial security, and lower your taxes, consider creating a charitable gift annuity. You will receive fixed annual payments for as long as you live.
If you are under the age of 65, you may want to consider a Deferred Charitable Gift Annuity, where payouts begin after you reach a certain age.
Benefits
- Receive an immediate income tax deduction for a portion of your gift
- Annuity payments are guaranteed for life, backed by a reserve and the assets of our organization
- Annuity payments are partially tax-free, making them more valuable than fully taxable income of the same size
How it works
- Set up an annuity contract with the National Gift Annuity Foundation (NGAF) and transfer cash or securities as outlined in the agreement.
- NGAF invests the assets and pays you (or up to two annuitants) fixed income for life, with the amount depending on the size of the transfer and the age of the annuitants.
- The remaining funds pass to charity: water when the contract ends, creating a meaningful impact.
Consult a qualified estate planning attorney and/or a financial advisor to determine if this option is right for you, or contact us for more information.
Get in touch
If you have any questions for our team, we want to provide the best support for you. We’d be happy to speak with you about your giving goals — with no obligation.
Name: Kees (Case) Groenewegen
Title :Senior Key Relationships Officer, Legacy Giving
Phone: 646-688-2323
Already included us in your estate plan? Let us know.
More ways to make an impact
Gifts in a will or trust
Donations in your will or trust are by far the most popular type of planned gift. We can help you add charity: water into your existing plans or, if you don’t have a will or trust, help you set one up at no cost to you.
Beneficiary designations
Gifting assets not covered by your will — like 401(k)s or IRA accounts — may help your heirs avoid unwanted taxes, even if you’re below the estate tax threshold.
Popular tax-smart gifts
Giving non-cash assets — an increasingly popular choice — can allow you to have a bigger impact at a lower cost.