A charitable gift annuity is a contract between a donor and Catholic Charities with the following terms: As a donor, you make a sizable gift to Catholic Charities using cash, or other assets.
In return, you become eligible to take a partial tax deduction for your donation, plus you receive a fixed stream of income from the Catholic Charities for the rest of your life.
The payments can begin immediately or can be deferred to a future date that you choose. You may also establish a gift annuity for someone else; however, the total number of annuitants associated with any one gift cannot exceed two. The terms of the arrangement are set forth in a contract signed by you and Catholic Charities. The arrangement terminates on the death of the annuitant(s), at which point the Catholic Charities will use the remaining funds on our programs.
The mission of Catholic Charities is to put faith in action to improve the lives of those in need. We provide services to promote self-sufficiency, strengthen families, fight poverty, and build community.
As the local 501(c)(3) affiliate of Catholic Charities USA, we remain dedicated to finding solutions to some of the most pressing social challenges individuals, children and families face regardless of race, religion, color, country of origin, disabilities, gender, age, or sexual orientation.