Income for Today, a Gift for Tomorrow

Frances Price was always active in her community of Flushing – generous with both her time and money. After she retired as a nurse from McLaren Flint, she wanted to continue giving back without sacrificing her financial security.

Her friend recommended that she consider a Charitable Gift Annuity (CGA) through the Community Foundation of Greater Flint. “If you want to help yourself, you can do it by giving to others,” Frances says.

The Flushing Area Senior Center is the beneficiary of her most recent gift. Frances is grateful to the Center for providing transportation to and from physical therapy appointments. “I felt I needed to give back to somebody that is helping me,” said Frances.

A CGA is a way for donors to receive a guaranteed income for life and an immediate tax deduction, while at the same time leaving a legacy to the charitable cause of your choice. Frances receives a quarterly payment from this gift. Upon her death, any annuity remainder amount will create the Frances J. Price Fund for the Flushing Area Senior Center. Grants from the Fund will support operations at the Center in perpetuity.

“If you want to do something, you can give to your community and still be earning something for yourself. So you are helping others while you are helping yourself,” she added.