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Charitable Gift Annuities
A charitable gift annuity is an agreement under which a charity, in return for a transfer of cash from a donor, agrees to pay a fixed amount of money to that donor, for their lifetime. The pwna annuity product requires a donation gift of $20,000 or more.
Through pwna’s investment of these funds, a donor will not only receive a steady stream of calculated quarterly payments for their lifetime, but they also can reduce their overall annual tax bill? However, this win-win also benefits pwna in that we have a portion of the donor’s gift that can be used immediately for our programs.
All it takes is three easy steps to learn how you may obtain an annuity and what your estimated quarterly payments will be for the rest of your life.
We will then provide you with the interest rate for your annuity and the amount of quarterly payments you will receive. When you decide you want the annuity and transfer the cash to pwna, you will start receiving your lifetime income stream.
* For tax advice, pwna always recommends you speak with your tax advisor.
If you have any questions regarding planned giving, please contact Suzi Smith in our Planned Giving Department at (877) 853-6474. You are also encouraged to consult with your legal and financial advisors when considering a planned gift.
Compare alternatives with our Planned Giving Options page.