Charitable Gift Annuity
Giving through a Charitable Gift Annuity allows you to arrange a generous gift to your community, while providing yourself a new income source you can count on for the rest of your life.
How it Works
You make a gift to the Community Foundation of Greater Flint – you can give cash, appreciated stocks, real estate or other assets. We set up a contract with you that combines immediate annuity payments with a deferred charitable gift. You receive a stream of income that is fixed, regardless of market conditions. You also receive an immediate tax deduction for the charitable portion of your gift.
We handle all the administrative details—issuing annuity payments to you during your lifetime. Upon your death, we direct your gift to an existing fund or establish a fund in your name.
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