Ways to Give - Gift Annuity

Sometimes you may want to continue receiving income from the gift you make to SCCF. Through a Charitable Gift Annuity, you transfer assets (usually $10,000 or more in cash or marketable securities) to SCCF. The SCCF agrees to pay you and up to one beneficiary (often your surviving spouse) a specified amount during your lifetime and the lifetime of the beneficiary. You specify that the remaining principal will be available for use by the SCCF upon the death of you or the last beneficiary. The remaining balance can be used to create a charitable fund in your name that will become your permanent legacy to the community. The Charitable Gift Annuity is an ideal giving vehicle for someone who:

Has appreciated assets with a low yield.
Wants to increase current income without incurring capital gains taxes.
Wants to reduce estate taxes. Wants to make significant future charitable gifts.