Gifts That Pay You Income
Did you know there’s a meaningful way to support Aish’s legacy for Jewish outreach and community work, and ensure financial security for your retirement years? You can achieve this through a charitable gift annuity.
A charitable gift annuity is simple. You make a gift to Aish of the Rockies in exchange for your gift of $25,000 or more in cash, stocks, securities, or qualified charitable distributions (QCDs limited to $53,000 in 2024). We agree to pay up to two individuals a fixed income for life. The payments never fluctuate and are not affected by changes in the economy or financial markets. The Aish CGA program is available to donors aged 65 and over. In return for your gift, you will get an income tax charitable deduction for a portion of your gift. In most cases some of your annuity payments will be partially tax-free for your life expectancy.
We adhere to the recommended maximum rates of the American Council on Gift Annuities (ACGA); the older you are when you start taking distributions, the higher the lifetime payout rate. Benefit immediately from your donation with a charitable tax deduction, save on capital gains and estate taxes, and collect fixed income from your gift throughout your lifetime.
Payments for Life
A Charitable Gift Annuity not only provides YOU with stable lifetime payments but also empowers AISH to continue our vital work in serving our community.
How it works
Joanne, 71, is eager to support Aish’s mission while securing their retirement finances. She decides to establish a $25,000 charitable gift annuity.
With her age, she qualifies for a payment rate of 6.4%, ensuring they receive $1,600 annually for the rest of her life. Additionally, she can claim a federal income tax charitable deduction of $9,835* when itemizing. She finds comfort in knowing that her contribution will continue supporting Aish’s mission beyond her lifetime.
*Based on a 5.2% charitable midterm federal rate. Deductions and calculations may vary based on individual circumstances.
Next Steps
Step 1
Complete the contact form below.
Step 2
Meet with our gifts officer to discuss your details and receive your personalized financial illustration.
Step 3
Complete your commitment with a funds transfer and await your first payment.
Contact Us
Benefits of a Charitable Gift Annuity at Aish
- Receive an immediate charitable tax deduction in the year of your gift. Benefit from potential savings in your capital gains and estate taxes.
- Collect a fixed income from your gift throughout your lifetime.
- Fund your gift with as little as $25,000 in cash, stocks, securities, or qualified charitable deductions (QCD).
- Your rate of return on your gift is based on the maximum recommended rates of the American Council on Gift Annuities (ACGA); the older you are, the higher the rate.
- Become a lasting partner in Aish's life-changing work. Help secure the future - for you - and Aish of the Rockies.
For decades, CGA’s have been applied by charities as an advantageous instrument for making a difference.
Charitable Gift Calculator
Looking for a quick estimate on what your yearly payments would be? Enter you details in the calculator below to get started.
*Figures cited in this examples are for illustrative purposes only.
Disclosure
The content found on this site is general in nature and intended to be used for informational purposes only. It should not be relied upon as legal, tax, accounting, or other professional advice. To determine how a gift or estate planning decision might affect your particular circumstances, it is expressly recommended that you consult an attorney, financial advisor, or other qualified professional.
California residents: Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. Oklahoma residents: A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.
