Charitable Gift Annuity
How It Works
- You transfer cash or securities to Convoy of Hope. Our minimum gift requirement is $10,000.
- Convoy of Hope pays you, yourself and a spouse, or any two beneficiaries you name, fixed payment for life.
- Beneficiaries are recommended to be at least 65 years of age at the time of the gift.
- The remaining balance passes to Convoy of Hope when the contract ends.
- Receive dependable, cash-flow for life, regardless of fluctuations in the market.
- In many cases, receive payments at a rate higher than the interest you are currently receiving on investments.
- Receive an immediate income tax deduction for a portion of your gift.
- A portion of your annuity payment will be tax-free.
- Are you a younger donor? Consider a deferred gift annuity.
©2014 Convoy of Hope, Inc. is a registered 501(c)(3) nonprofit organization // All donations are tax deductible in full or in part. // Delivering HOPE since 1994.