Charitable Gift Annuity

Are you looking for a secure source of fixed income for now or your future? You may be tired of living at the mercy of the fluctuating stock and real estate markets. A charitable gift annuity is a gift you make to our organization, providing you with a secure source of fixed payments for life. Mount Angel Abbey only offers annuities for those 70 years of age or older.

Charitable Gift Annuity

Stock or Cash

Gift Annuity

Donor

Mount Angel

Benefits of a charitable gift annuity

• Receive fixed payments to you or another annuitant you designate for life
• Receive a charitable income tax deduction for the charitable gift portion of the annuity
• Benefit from payments that may be partially tax-free
• Further the charitable work of Mount Angel Abbey with your gift

How a charitable gift annuity works

A charitable gift annuity is a sound way to make a gift supporting Mount Angel Abbey.

1. You transfer cash or property to Mount Angel Abbey.
2. In exchange, we promise to make fixed payments to you for life. The payment can be quite high depending on your age, and a portion of each payment may be tax-free.
3. You will receive a charitable income tax deduction for the gift portion of the annuity.
4. You also receive the satisfaction of knowing that you are supporting our good works.

When you fund your gift annuity with cash, a significant portion of the annuity payment will be tax-free. You may also make a gift of appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax. Please contact us to inquire about other assets that you might be able to use to fund a charitable gift annuity.

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