Charitable Gift Annuity
You may be tired of living at the mercy of the fluctuating stock and real estate markets. A charitable gift annuity is a gift made to our organization that can provide you with a secure source of fixed payments for life.
How a charitable gift annuity works
Pasadena Humane has partnered with a local community foundation to offer CGAs to our donors. Your charitable gift of cash or appreciated assets will help support Pasadena Humane's work while providing you with income tax and capital gains savings and the security of fixed payments for your lifetime.
Once you set up a CGA to benefit Pasadena Humane, you will receive fixed payments for life. These payments can be quite substantial depending on your age, and a portion of each payment may even be tax-free. A CGA is the perfect vehicle for securing your future while helping further Pasadena Humane's mission.
To learn more about how Charitable Gift Annuities can support Pasadena Humane and how you can start one, please contact us.
Additional Information
Current charitable gift annuity (payments begin within one year). With a current gift annuity, you may transfer cash or property in exchange for our promise to pay you fixed payments beginning as early as this year. You will receive an income tax charitable deduction this year for the value of your gift to Pasadena Humane.
Deferred charitable gift annuity (for payments at future date). Perhaps you are not ready to begin receiving payments until a future date, such as when you retire. With a deferred gift annuity, you establish the gift annuity today, receive a charitable income tax deduction this year, but defer the payments until a designated date sometime in the future. Best of all, because you deferred the payments, your annual payment will be higher when the payments start than they would have been with a current gift annuity.
Flexible deferred charitable gift annuity (gives you flexibility as to when the payments will start). With a flexible deferred gift annuity, you retain the flexibility to decide when the annuity will begin making payments. As with a deferred gift annuity, you establish the annuity today and receive a charitable deduction this year, but the payments are deferred until such time as you elect to begin receiving the payments.