In Touch Foundation

Charitable Gift Annuities

Current Charitable Gift Annuity
Charitable Gift Annuities are excellent examples of one of God’s principles in action. Scripture is very clear when it talks about the principle of sowing and reaping: we reap what we sow, more than we sow, and later than we sow. A Gift Annuity secures a steady stream of income (reap what you sow) and reduces your taxes (reap more than you sow) while ultimately helping to endow the Great Commission (reap later than you sow). It is simply a contract in which In Touch agrees to pay you a designated fixed income for life. A Charitable Gift Annuity can be an attractive option if you are concerned about meeting your current financial needs.

• You make a gift to In Touch and receive fixed income for life
• Must be 60 or older
• Best for people 70 or older who want fixed income payments
• Guaranteed fixed income for life
• Income tax charitable deduction
• No capital gains tax on transfer of assets
• Gifts of cash or stock are accepted

Deferred Charitable Gift Annuity
A Deferred Gift Annuity can provide income during your retirement years for yourself and/or others while ultimately providing resources to endow the Great Commission. With a Deferred Gift Annuity, you pick a date in the future to begin receiving your payments. This is a particularly useful giving option if you wan to plan now for your future financial needs.

By deferring payments to supplement your retirement, your payments will be higher than if they had begun immediately.

• You make a gift and defer your fixed income payments until a future date
• Must be 40 years old to create and 60 or over to receive payments
• Best for those looking to meet future financial objectives
• Guaranteed fixed income for life
• Defer payments until you need them
• Income tax charitable deduction
• No capital gain tax on transfer of assets

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