Depending on your age, you are eligible for payments from a Charitable Gift Annuity each year for life. And you can qualify for an immediate tax deduction when you establish the annuity and have a partial tax deduction on annuity payments for years to come. Charitable gift annuities are an extremely flexible way to make a gift. They can be designed to provide a fixed income for life for you and your spouse and/or others you choose. They are simple to create and can be funded with gifts of relatively modest amounts.
If you are interested in a Charitable Gift Annuity, contact the Catholic Foundation at (915) 872-8412.
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