The Gift that Gives Back
A charitable gift annuity is a wonderful way to support FEBC and, at the same time, create a stream of income for yourself and also your spouse. This giving opportunity provides a fixed income to you for life with immediate tax benefits, while securing future support for FEBC in proclaiming the Gospel.
Here’s how it works, if you’re 65 or older, you may purchase a charitable gift annuity of $10,000 or more that will pay you an income for as long as you, or you and your spouse, live. The annual payment percentage is based on your age(s) at the time the gift is made and will never change, regardless of market fluctuations.
As additional benefits, you not only receive income for life, but typically you will receive a significant charitable tax deduction for a portion of the gift, and a part of your annual payout will be tax free. At your “home-going,” any unused, remaining portion will be released for the Lord’s work.
If a charitable gift annuity sounds right for you, we’d be happy to provide a quote at no cost or obligation, please contact us as follows:
FEBC Director of Development
Direct Phone: (562) 448-1756
Main Phone: (800) 523-3480 x4409