Charitable Gift Annuity

With a charitable gift annuity, you can make a gift and receive fixed payments for life.

How It Works

  • You transfer cash or securities. If you are 70 ½ or older, you can make a one-time, tax-free qualified charitable distribution of up to $53,000 from your IRA to fund a CGA.
  • Our minimum gift requirement is $10,000.
  • You, yourself and a spouse, or any two beneficiaries you name, will receive fixed payments for life.
  • Beneficiaries are recommended to be at least 65 years of age at the time of the gift.
  • The remaining balance passes to The Claremont Institute when the contract ends.
  • You can also create a life income gift through your IRA. Discover more here.

Benefits

  • Receive dependable payments for yourself or loved ones - see today’s rates.
  • Payments never change.
  • A portion of your gift is tax-deductible, if you itemize.
  • If you create a gift annuity using appreciated stock or mutual fund shares you may also save on capital gains taxes.
  • A portion of your annuity payment will be tax-free for a number of years.

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