Many supporters I have visited with about the Center’s Granary endowment want to know of ways that donors of somewhat modest means can help build the Center’s endowment without becoming overextended.

A charitable gift annuity is a way to make a gift to an organization such as the Center for Rural Affairs, and still receive a lifetime income. A gift annuity is a contract under which a charity, in return for a gift of cash, marketable securities or other assets, agrees to pay a fixed sum of money for the rest of the donor’s life. Donors can also designate another individual as the beneficiary of the annuity.

Charitable gift annuity donors are most commonly, but certainly not always, retired individuals who want to increase their cash flow, reduce taxes, and obtain the security of guaranteed payments.

Contact me at johnc@cfra.org or 402.687.2103 extension 1010 to find out more about charitable gift annuities.