Project Description

One way to give significantly to the mission of Youth Reach Gulf Coast (YRGC) while also benefiting from the stability of a fixed income is a charitable gift annuity (CGA). A CGA is an arrangement that provides a donor a fixed income stream for a term or for life in exchange for a sizable donation to a charity.

What are the benefits of a charitable gift annuity?

  • Donors can make an impactful gift while still protecting their income.
  • Donors can avoid certain capital gains taxes on their assets while receiving an immediate income tax deduction for charitable giving.
  • Donors have the flexibility of several types of assets that can be donated.
  • Donors support the life-changing work of Youth-Reach Gulf Coast.

How does a charitable gift annuity work?

  1. A CGA donor will sign an annuity agreement with us. She or he will then make the donation and receive a tax deduction for the portion of the gift that YRGC will use for our tax-deductible ministry operations.
  2. Then, we invest the donation.
  3. Regardless of how financially beneficial our investment of that donation performs, we pay the donor a fixed amount for life or for the length of time contractually agreed upon.
  4. At the time of the donor’s passing, we receive the balance of the invested funds.

How do I set up a charitable gift annuity?

Contact us today to have a member of our leadership team walk you through this process.