Charitable Gift Annuities

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CHARITABLE GIFT ANNUITIES

Charitable Gift Annuities Provide Extra Income While Securing Your Legacy

Looking for secure sources of fixed income for now or future retirement? A charitable gift annuity allows you to transfer appreciated assets to the Foundation and then receive payments for your lifetime and create a legacy for the future. The older you are, the greater the payout.

Several types of assets may be gifted in exchange for a charitable gift annuity.

Cash: A cash gift is an excellent way to fund a gift annuity. A large portion of the annuity income will be tax-free.
Appreciated Securities: Capital gains taxes may be deferred or bypassed on a gift of appreciated securities used to fund a gift annuity. A portion of the income stream will be taxed at the lower capital gain rate and another portion may be tax-free.

Please contact Director of Endowments Gail Littman or CFO Jeremy Pearl at 858-279-2740 to discuss payment options for your gift annuity.

AGE	SAMPLE PAYMENT RATE
90+	9.5%
85	8.1%
80	7.1%
75	6.3%
70	5.7%
65	5.3%

A Charitable Gift Annuity (CGA) is an agreement between you and the Foundation. In exchange for assets irrevocably transferred to the Foundation and designated to the charities of your choice, you receive regular fixed payments for life backed by the resources of the Foundation.

After the beneficiary's lifetime, the remaining principal in the annuity establishes an endowment fund in the donor's name at the Foundation. The Foundation engages Wells Fargo Bank to manage its CGA program.

Rates include partial return of principal and are subject to change. Prospective donors are encouraged to seek the advice of their professional advisors. While the payments made under a charitable gift annuity are subject to regulation by the California Insurance Department, they are not insured or otherwise guaranteed by the California Life Insurance Guaranty Association. Gift annuity payments are backed by the assets of the Jewish Community Foundation.

View the Foundation's recent Charitable Gift Annuity advertisement.

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Jewish Community Foundation - San Diego