Planned Giving
Charitable Gift Annuity
You may be tired of living at the mercy of the fluctuating stock and real estate markets. A charitable gift annuity is a gift made to FAO that can provide you with a secure source of fixed payments for life.
Charitable Gift Annuity Benefits
- Receive fixed payments to you or another annuitant you designate for life
- Receive a charitable income tax deduction for the charitable gift portion of the annuity
- Benefit from payments that may be partially tax-free
- Further the charitable work of the Foundation for Appalachian Ohio with your gift
How it Works
A charitable gift annuity is a way to make a gift to support the Foundation for Appalachian Ohio and/or one of our funds.
- You transfer cash or property to the Foundation for Appalachian Ohio.
- In exchange, we promise to pay fixed payments to you for life. The payment can be quite high depending on your age, and a portion of each payment may even be tax-free.
- You will receive a charitable income tax deduction for the gift portion of the annuity.
- You also have the benefit of knowing you will be making a difference in what's closest to your heart.
If you decide to fund your gift annuity with cash, a significant portion of the annuity payment will be tax-free. You may also make a gift of appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax. Please contact us to inquire about other assets that you might be able to use to fund a charitable gift annuity or with any questions you may have as you explore this option.
Contact us
If you have any questions about charitable gift annuities, please contact us. We would be happy to assist you and answer your questions.
