Charitable Gift Annuity

Legacy gifts help build long-term financial stability and sustainability for the groundbreaking programs at Animal Care Sanctuary that have been the key to making our community a leader in saving pets’ lives.

Gift annuity:

• Contract is made for you, the donor, to receive a fixed payment for life
• Gift is made to the Animal Care Sanctuary.
• Amount given is for charitable purposes; therefore you (the donor) are entitled to a federal (and perhaps state) income tax deduction
• For a period of years, a portion of each payment received is tax-free. This further increases the after-tax dollars available to you (the donor), for spending or investing.

An annuity funded with appreciated securities has even more advantages: The gain allocated to the gift portion is not subject to the capital gains tax, and the portion of the gain to be recognized can be spread over the expected term of the contract.

Have questions or need additional information?

Nothing on this website should be construed as legal advice. Please contact your attorney or financial advisor to determine what is best for your personal situation.