Charitable gift annuity
To make a gift through a charitable gift annuity, a donor gives an asset, such as cash or stock, to a qualified charity that meets the regulatory requirements for offering gift annuities. The Nebraska United Methodist Foundation offers gift annuities that benefit the Foundation. The charity signs a contract agreeing to pay the donor and/or another person a fixed income throughout his or her lifetime. The tax benefits include income tax deductions, capital gains deferral, gift tax deductions, and estate tax deductions.
