Charitable Gift Annuities

A charitable gift annuity is a contract between you and Safe Harbor Support whereby you transfer cash, securities, or other assets to us and, in exchange, we agree to pay you and/or another beneficiary a guaranteed fixed income for life. The annuity paid to you is based upon the rates established for your age by the American Council on Gift Annuities.

You receive a current income tax deduction equal to a large portion of your gift, and a portion of the income you receive is non-taxable. If your gift annuity is funded with long-term appreciated property, capital gains tax is avoided on the part of the property that is considered a gift and the rest of the capital gain will be spread over a number of years and figured into the taxable portion of your annuity.

For additional information about planned giving options, contact Karla Whelchel at 480-214-5728 or request information online.