We often hear from donors who are concerned because they cannot do more to support us as we share the good news about Jesus. For some, a charitable gift annuity (CGA) can lead to a substantial increase in income while helping to support The Quiet Hour’s worldwide ministries as well. The charitable gift annuity is a planning tool that, at its heart, recognizes the fact that the rewards of giving begin with the desire to make a gift.

The gift annuity is a simple agreement by which an asset is transferred from the donor to The Quiet Hour and the signing of a contract by which the donor will receive regular payments to the donor(s) for life.

In these uncertain financial times, many of our supporters have enjoyed a significant increase in income through a gift annuity. In addition, they receive a substantial charitable income tax deduction, and it is possible to bypass a portion of the capital gains tax as well. But perhaps the most important benefit is the peace of mind that comes from knowing that when they no longer need the income, their assets will be used to help others learn of Jesus.

Click here to learn more about a charitable gift annuity, e-mail our Planned Giving department, or call Trust Services at (800) 900-9021.

The Quiet Hour confidently supports the following required statement and encourages prospective donors to give it consideration:

THIS IS NOT LEGAL ADVICE. ANY PROSPECTIVE DONOR SHOULD SEEK THE ADVICE OF A QUALIFIED ESTATE AND/OR TAX PROFESSIONAL TO DETERMINE THE CONSEQUENCES OF HIS OR HER GIFT. Payments made under a charitable gift annuity are backed solely by the full faith and credit of the issuing organization, are not insured or guaranteed by an insurance company, are not protected by any insurance guaranty association and are not backed in any way by the states.