Gift Annuity

A charitable gift annuity is a simple way to benefit Woman's Missionary Union and You!

Read a special article about Charitable Gift Annuities.

A charitable gift annuity is a contract between you and the Woman's Missionary Union Foundation. You make a gift of cash or securities in exchange for a guaranteed, fixed income each year for the rest of your life.

A gift annuity for the benefit of Woman's Missionary Union will provide you five benefits:

1. Receive a Charitable Income Tax Deduction.
The Internal Revenue Service considers a large part of what you transfer for a gift annuity as a charitable gift. Your deduction may be used in the year of your gift to offset as much as 50% of your adjusted gross income for cash gifts and as much as 30% of your adjusted gross income for gifts of appreciated assets. Any portion of your deduction you are unable to use in the first year can be carried forward and used in future years ­ up to a maximum of five additional years.

2. Receive Guaranteed Income Payments for Life.
Your income payments are fixed the day you fund your gift annuity and will never change. These payments continue as long as you live, and you can add a survivor beneficiary to receive the same benefits if you desire.

3. Receive Tax-Free Income.
Part of each payment you receive is considered a tax-free return of principal that can effectively increase your rate of return.

4. Receive Capital Gains Tax Savings.
If you fund a gift annuity with appreciated assets, you will avoid the capital gains tax on part of the appreciation in the asset. The remaining capital gain can usually be prorated over your life expectancy.

We are happy to provide you with more information about gift annuities, including a personalized gift annuity proposal. There is no obligation, of course, and requests are kept strictly confidential.

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