Charitable Gift Annuity
Charitable Gift Annuities are growing in popularity in today's low interest economy as a way to increase guaranteed lifetime income and benefit the church. Most gift annuity donors are retired, want to increase their cash flow, seek the security of guaranteed payments, and would like to save taxes. The minimum age to establish a charitable gift annuity with the National Gift Annuity Foundation, INC (NGAF), a charitable subsidiary of Dechomai Foundation, INC (DFI). The minimum amount to start an annuity with the NGAF, a charitable subsidiary of DFI is $20,000. The proceeds from your gift may benefit any Catholic parish, parochial school, high school or ministry within the Archdiocese of Kansas City in Kansas.
A charitable gift annuity through the National Gift Annuity Foundation, INC (NGAF), a charitable subsidiary of Dechomai Foundation, INC (DFI) could be right for you if:
You want to leave a charitable gift to the church.
You want more lifetime income from your investments.
You need more reliable income from your CDs and other fixed-income investments.
You have appreciated stock or mutual fund shares and have considered selling some of the shares and reinvesting the proceeds to generate more income, but they have hesitated because they don't want to pay tax on the capital gain.
You would like to count on fixed payments, which are unaffected by interest rates and stock prices and which you cannot outlive.
You want to assure continuation of payments to a surviving spouse without the delay of probate proceedings.
You would like to provide financial assistance to an elderly parent, a sibling, or other person in a tax-advantaged manner.