Planned Giving for the Moderate Donor

A charitable gift annuity is a contract between a donor and a charity in which the charity pays a donor a fixed amount for life in return for the donor’s gift of cash, stock or real estate. Because a CGA brought with it a regular dependable income stream, my father was able to contribute what was for him a gigantic sum of $15,000, far more than the $250 he could have contributed out of income. The pride he felt in being able to make that gift was the most important part of the benefit.