Charitable Gift Annuities

Slide: Ned Brockloff

A charitable gift annuity is a simple contract between a donor and the National Trust for Historic Preservation. The donor transfers cash or appreciated securities to the National Trust in exchange for a fixed annuity payment for the duration of one or two lives.

Depending on the assets transfer, a donor may receive a charitable deduction and minimize capital gains taxes. The tax treatment and amount of the annuity payment will depend on the value of the donated property, the beneficiary’s age at the time of the gift and IRS mandated interested rates. Beneficiaries typically receive payments quarterly and all payments are a general obligation of the National Trust.

Annuities Chart