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Charitable Gift Annuity

Charitable Gift Annuity
Stock or Cash
Gift Annuity
Donor
Univest
Bequests
Are you looking for a secure source of fixed income for now or your future? You may be tired of living at the mercy of the fluctuating stock and real estate markets. A charitable gift annuity may be the solution.

How it works

A charitable gift annuity is a contract between you and a charity.

  1. You transfer assets to the charity of your choice in exchange for fixed income for life.
  2. The fixed income can be quite high depending on your age.
  3. A portion of your income stream may even be tax-free.
  4. You will receive a charitable deduction for the value of the charitable gift and the satisfaction of furthering their mission.

Types of assets you may give

  • If you decide to fund your gift annuity with cash, a significant portion of the annuity income will be tax-free.
  • You may make a gift of your appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax.

Start receiving payments now with a current gift annuity

If you desire current income, you may transfer property in exchange for fixed income beginning as early as this year. You will receive a current income tax charitable deduction for the value of your gift.

Deferred gift annuity for income at future date

Perhaps you are not ready to begin receiving income until a future date, such as when you retire. You can establish a deferred gift annuity, receive a current charitable income tax deduction and receive payments at a designated future time. Best of all, because you deferred your payments, your annual payment will be higher than with a current annuity. Contact us about flexible date options for your future income.

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