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Current Rates Expire June 30, 2020. If you establish a
charitable gift annuity by June 30, 2020, you can take
advantage of the current rates before they lower.
You may be tired of living at the mercy of the fluctuating stock and real estate markets. A charitable gift annuity is a gift made to the Priests of the Sacred Heart that can provide you with a secure source of fixed payments for life.
Charitable Gift Annuity
Stock or Cash
Gift Annuity
Donor
Priests of
the Sacred Heart
Benefits of a charitable gift annuity
- Receive fixed payments to you or another annuitant you designate for life
- Receive a charitable income tax deduction for the charitable gift portion of the annuity
- Benefit from payments that may be partially tax-free
- Further the charitable work of Priests of the Sacred Heart with your gift
- Receive honorary membership into the Sacred Heart Auxiliary and share in the daily prayers and Masses of the Priests of the Sacred Heart.
- Deceased annuitants are also remembered annually during special Masses in November.
How a charitable gift annuity works
A charitable gift annuity is a way to make a gift to support Priests of the Sacred Heart.
- You transfer cash or property to Priests of the Sacred Heart.
- In exchange, we promise to pay fixed payments to you for life. The payment can be quite high depending on your age, and a portion of each payment may even be tax-free.
- You will receive a charitable income tax deduction for the gift portion of the annuity.
- You also receive satisfaction, knowing that you will be helping further our mission.
If you decide to fund your gift annuity with cash, a significant portion of the annuity payment will be tax-free. You may also make a gift of appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax. Please contact us to inquire about other assets that you might be able to use to fund a charitable gift annuity.
Contact us
If you have any questions about charitable gift annuities, please contact us. We would be happy to assist you and answer your questions.