With the end of the year rapidly approaching, perhaps you’re now wishing that you had done more charitable giving in 2007.

It’s not too late!  A Charitable Gift Annuity offers you an immediate tax deduction in the year it is given—and guarantees you a fixed income for the remainder of your life.

Generally, the amount you receive each month depends on the amount of your initial gift as well as your age at the time the gift is made.  For example, if you are 80 years of age and you gave $10,000, you could receive $800 per year with $561 of that amount considered tax free income.  In addition you may also receive a charitable deduction of $4,945 that could be used for this year, or up to an additional five years if necessary.

Besides these financial benefits, just think of the satisfaction you will receive by making this kind of gift.  You will enjoy peace of mind knowing that your funds will be safe and protected.  At the same time, long after you are gone, you’ll be helping share the good news about Jesus.

So don’t wait—make that decision today.  To set up a gift annuity before the end of the year, please contact our Planned Giving Department by e-mail or phone, (800) 900-9021.  We’ll be happy to help you.

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.