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Considering A Charitable Gift Annuity
- Article from:
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The Officer
- Article date:
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November 1, 2004
- Author:
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Copyright informationCopyright Reserve Officers Association Nov 2004. Provided by ProQuest LLC. (Hide copyright information)
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A charitable gift annuity is a win-win situation for the donor and the organization that is the recipient. It offers long-term fixed income to the participant, while providing for the future of an organization that the donor finds compatible with his or her charitable wishes. As an agreement between you and the Reserve Officers Association, ROA agrees to provide you or your spouse, if you are at least 60 years old, with a fixed income for life. You have the assurance from the organization that payments will not fluctuate and that they are secured to the assets of the organization. Annuity payments are made to plan participants every quarter by check. A contribution of $10,000 or more will ...
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