A guaranteed income in today’s turbulent economy

Currently, the economy and the stock market are in a very turbulent time. Many people are trying to find ways to make every dollar count, both now and into the future. In such a volatile environment, an attractive option for investment is the charitable gift annuity.
The charitable gift annuity is a form of planned giving that offers a donor the opportunity to make a charitable gift and receive income for life. The charitable gift annuity is a contract between a donor and a charity. Upon the death of the annuitant, any remaining funds are placed into an endowment at the foundation chosen by the donor.
The Huntingburg Foundation charitable gift annuity program appeals to many donors:
• The annuity payments are fixed and unaffected by the volatility of market conditions, providing the donor with a guaranteed stream of continuous income. The payment rates are very attractive and are even higher for older donors.
• Part of the payment amount is tax-free, and this benefit lasts until you reach the actuarial age of life expectancy. Also, you receive an income-tax deduction when you obtain the annuity.
Your gift provides you with the satisfaction knowing you have made a significant gift to your favorite charity. Call our office or talk to your financial advisor today
Originally Published October 8, 2008



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