Charitable Gift Annuities
Help end hunger and poverty while receiving income for life
A gift that gives back
By establishing a charitable gift annuity with Heifer Foundation, you can help secure your financial future while empowering farmers locally and across the globe. Once you complete your gift, you will receive fixed annual income for life, a portion of which will be tax free.
Here’s how it works:
Say that Justin, 66, and Mary, 65, want to make a legacy gift but also want to ensure they have income for their retirement. They establish a $25,000 charitable gift annuity with Heifer Foundation. Based on their ages, they will receive a payment rate of 4.2 percent, which means they will receive $1,050 each year for life. They are also eligible for a federal income tax deduction in the year of their gift of $5,957.* After their joint lifetime, Heifer Foundation will use the remaining funds to further our mission.
*Based on annual payments and a 2 percent charitable midterm federal rate. Deductions vary based on amount given. If you are a NY State resident contact us for specific rates.
- You can receive fixed payments at a very attractive rate for as long as you live
- You may get a partial tax deduction
- You might also have additional tax benefits depending on how you fund the gift annuity
- Your annuity could provide financial support for a loved one
- Your gift today will enable you to make a lasting impact on generations to come