Many years ago, Melissa bought stock in a company she admired. Over time, Melissa's stock has increased in value.
Melissa: While the stock has gone up in value, I am concerned about the stock market. I am getting closer to retirement, and I think it would be much better to have a good fixed return rather than having too much money invested in the stock market, which can be very volatile.
So, Melissa called JCF and discovered that with a charitable gift annuity, she could receive an annual return of almost 6.4%, based on her age. This fixed payment was in addition to a large income tax deduction. Melissa decided to transfer $10,000 of appreciated stock to JCF.
Melissa: I am delighted with my gift annuity. I receive steady, annual payments at a high rate, and I saved over $1,500 in income taxes at the time of the gift. This plan has been great. Best of all, I am much less worried about the ups and downs of the markets. I now have peace of mind. In addition, by starting a gift annuity, I know that my dollars will support the important works of JCF for many, many years down the road. I'm so happy to be able to leave this legacy.
Is a charitable gift annuity right for you?
The payout for charitable gift annuities will vary depending on your age. Please contact us
to inquire about your potential payout rate or if you have any questions about charitable gift annuities.
*Please note: The name and image above are representative of a typical donor and may or may not be an actual donor to our organization. Since your gift annuity benefits may be different, you may want to click here to view an example of your benefits