Understanding Charitable Gift Annuities

Presented by Nancy J. LaPointe
Charitable gift annuities (CGAs) are an arrangement between a donor and a nonprofit organization where the donor receives a regular payment for life based on the value of assets transferred to the organization. This allows donors to make a gift to their favorite charity, and, in return, they receive fixed payments for life. After the donor’s death, the assets are kept by the organization.
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