charitable gift annuities
With a charitable gift annuity, you can support Faith Lutheran Church with an irrevocable gift of cash, appreciated securities, or other assets which will provide you (or a beneficiary) with fixed payments during your lifetime. The remainder of the gift benefits ministry. Rates are determined by the age of the donor(s).
With a charitable gift annuity, you can:
Take an immediate income-tax deduction for the contribution’s value
Receive fixed payments for life and a steady income stream where portions of annuity payments may be tax-free
Avoid or reduce capital gains tax (when funding an annuity with appreciated securities)
Make a significant gift to Faith Lutheran Church with the remaining assets
Select from joint-and-survivor annuity options, where both annuitants can create plans for couples
Ready to take the next step? Contact Pastor Eric Carlson at eric@faithlc.org or call 515-225-8334.