The Gift that Keeps on Giving
a superb option for the Donor and the Ministry!
Now available to you and your ministry through the Chaplaincy of Full Gospel and Funds For Life Ministries!
Charitable Gift Annuities (CGA) are one of the oldest forms of gifting to ministries and charities in the United States with the first such annuity being issued by the American Bible Society in 1843. Today CGAs are used to assist organizations in securing immediate and deferred gifts and turning underperforming assets into valuable assets for the donor and the ministry. Gifting through a CGA can assist you (the donor) in moving the gift you had planned to leave at your home-going to a gift to your organization right now, during your life time allowing you to witness the work of your gift, assist you in tax planning by removing the gift from your estate and by far the most important is in allowing the ministry or charity to begin to use this gift now when the funds are needed. A CGA will give to you, the donor, a lifetime guaranteed payment, an immediate charitable contribution and an immediate gift to the ministry.
Here is an example: Mrs. Donor is age 65 and currently has a $10,000 CD in her bank paying her 4.1% return. She is removing the interest earned each year ($410.00) and plans to gift the $10,000 to her ministry at her home-going. She has the option of gifting the money now through a CGA and receiving a payment for her lifetime in the amount of $670.00 per year with her rate of return being 6.7%. At the time that she makes her gift the ministry will receive 3% of the total gift which amounts to $500.00 and beginning with the 15th month of the annuity the ministry will receive 2% of the annual account balance while at the same time giving Mrs. Donor her payment of $670.00 per year. As you can see this is beneficial to both the donor and the ministry as each will receive payments for the lifetime of the donor and at the home-going of Mrs. Donor the ministry will receive 100% of the remaining account balance! Now, this once under appreciated potential gift of $10,000 is a working asset for both Mrs. Donor and the Ministry. Get your personalized projection today! CGAs are not investment tools in the secular sense; however they are an investment into the work of your ministry!
In Summary
You tell us the size of the gift you desire to make!
You tell us the name of the ministry you desire to benefit!
You set the timing of the payments! (monthly, quarterly, semi-annual or annual)
You receive an immediate Charitable deduction for your taxes!
You receive lifetime, guaranteed payments!
Your ministry receives immediate gift benefits!
Contact Funds For Life Ministries at: email cfgc@fflministries.org or call 877-401-5637 and ask for Don!