Charitable Gift Annuities and Trusts

Looking up at bright blue winter sky between frosty spruce trees by Carl Johnson

Charitable Gift Annuities

A charitable gift annuity is an irrevocable transfer of cash or appreciated assets to ACF in exchange for a fixed income for life. Charitable gift annuities may be immediate or deferred and last throughout the lifetime of one or two beneficiaries. The rate of return is determined by your age at the time payments begin. At the death of the annuitant, the proceeds of the annuity are disbursed to ACF. In addition to receiving life income, there are federal tax benefits available.

Charitable Trusts

Remainder Trusts
A charitable remainder unitrust or annuity trust is an irrevocable, tax-exempt trust that may provide life income for you and your family. The trust holds your gifted assets and pays a dividend to you and your family. The trust is managed by a financial professional to ensure the proper return from gifted assets. When the life income interests are terminated, the assets of the trust will be distributed to ACF. A charitable remainder trust provides both income and estate tax deductions and can offer savings of capital gains taxes when the trust sells appreciated assets.

Lead Trusts
A charitable lead trust allows the donor to give an annual amount to ACF for a fixed term of years or for the life of one or more individuals. Upon conclusion of term, the remaining assets are distributed back to you or another individual(s) specified by you.

If you have questions about annuities or trusts for ACF, please contact ACF at 907-276-1917. Always be sure to discuss specific details with your attorney or financial planner.