By arranging to "leave a legacy", Calvary members are investing in the future of the community and missions of the church. Every contribution to Calvary's endowment, regardless of size, increases the income that Calvary will receive, enabling the church to continue expanding its work. One way to make a contribution to Calvary's ministries is by setting up a charitable gift annuity. Such annuities enable you to make a contribution and yet continue to receive an income in return for yourself or a loved one.
By making a charitable gift annuity to the Calvary Foundation, donors are guaranteed a fixed sum of money for a pre-determined period of time in return for their gift of cash or other property. Annuity payments can begin immediately or can be deferred to some future date, and are fixed from the outset — they will neither increase nor decrease, regardless of what happens to interest rates or the stock market.
Additional benefits include:
- Potential tax deductions of nearly one-half of the value of your gift
- Potential tax-free annuity payments, increasing the spending amount available to you
- Providing future support for the mission of your choice at Calvary
If you are interested in arranging a charitable gift annuity, please let us know how we can help.