Increase Font Size Decrease Font Size Print Page Contact the Catholic Community Foundation

Deferred Gift Annuity

DGA Diagram

How It Works

  • You transfer cash or securities to the Catholic Community Foundation. Our minimum gift requirement is $10,000.
  • Beginning on a specified date in the future, the Foundation begins to pay you, or up to two annuitants you name, fixed annuity payments for life.
  • Beneficiaries are recommended to be at least 65 to begin receiving payments and must be at least 40 to fund the gift.
  • The remaining balance passes to the Foundation when the contract ends.

Benefits

  • Deferral of payments permits a higher annuity rate and generates a larger charitable deduction.
  • You can schedule your annuity payments to begin when you need extra cash flow, such as retirement years.
  • Payments are guaranteed and fixed, regardless of fluctuations in the market.
  • The longer you elect to defer payments, the higher your payment will be.


The material presented on this Planned Giving website is not offered as legal or tax advice.
Read full disclaimer|Sitemap|Planned Giving Content © 2017 VirtualGiving.com

Vision/Mission Leadership Staff Annual Report Audited Financials Governing Documents FAQs Contact Us
Establishing a named fund Why establish a named fund Getting Started An Example
Endowment Funds Donor Advised Funds Listing of Funds
Meet Our Donors Bequest Language Legacy League Membership Form
Mustard Seed Match
Mustard Seed Match Stock Transfer Instructions Distribution Recommendation Form Legacy League Membership Form Direct Deposit (CGA)
Parishes Catholic Education Evangelization Children Outreach Catholic Charities
HomeAbout UsHow It WorksFundsLegacy LeagueResources

© Copyright 2010 Catholic Community Foundation