CHARITABLE GIFTS
Everyone who plants a seed wants to reap a bountiful harvest.
Wouldn’t it be wonderful if your investment could reap both a financial harvest and a spiritual harvest?
It can!
A Charitable Gift Annuity can provide you with a guaranteed income while you join Stonecroft Ministries in reaching those who don't know God.
WHAT IS A CHARITABLE GIFT ANNUITY (CGA)?
A Stonecroft Ministries CGA is an agreement between you and Stonecroft Ministries in which you make a gift of cash, stock, or other marketable property and, in exchange, you receive income payments for the rest of your life. After your death, what is left continues to reach out to multitudes with the gospel of Jesus Christ.
REAP GENEROUSLY
The Tax Benefits of a Charitable Gift Annuity:
- You receive a charitable income tax deduction based upon your age and gift amount.
- Your annuity payments are partially tax free.
- You may be able to avoid capital gains tax depending upon the type of property you contribute.
CASE STUDIES
Single-Life Gift Annuity
Example:
Mrs. Johnson, age 69, wants to make a gift to Stonecroft Ministries and still receive income for life. She contributes $10,000 to establish a Charitable Gift annuity. Per the arrangement, she receives $700 per year ($397 of which is tax free) and a $3,203 income tax deduction.
Example:
Mr. and Mrs. Warren, ages 69 and 67, want to help spread the gospel with a
$15,000 Charitable Gift Annuity. Per the arrangement, they receive $960
per year and a $3,054 income tax deduction. as an additional benefit: $512
of their income stream payment is tax-free.
*Rates change monthly. For illustration purposes only. Call for current rates or to request an illustration.
HOW CHARITABLE GIFT ANNUITY RATES ARE ESTABLISHED
Gift annuity rates are established by the American Council on Gift Annuities. Your age and the current investment climate help determine the rates. The table below illustrates rates for one-life and two-life gift annunities.
*Rates change monthly. For illustration purposes only. Please call 1.816.808.7000 for current rates or to request an illustration.
If you are interested in knowing the wisest way to leave a legacy or to explore the various ways God can use your possessions to build His kingdom, please contact:
Joan Johnson, Donor Services Administrator
1.800.525.8627 ext. 117
E-mail: jjohnson@stonecroft.org