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Charitable Gift Annuity
(CGA)

A Charitable Gift Annuity (CGA) allows individuals to make a meaningful gift to ministry while receiving fixed lifetime income. These agreements are established with WAF or serviced by WAF on behalf of a partner ministry, and provide dependable payments to one or two annuitants, followed by a charitable benefit to the ministry of their choice.​

Important Information about CGAs

Irrevocable

CGA agreements cannot be undone after they've been fully ratified. 

Fixed Payment

The payment amount of the CGA is finalized in the agreement.

Termination

The final CGA payment is the one that precedes the annuitant’s passing.

Dear Friends,

For many, Charitable Gift Annuities (CGAs) provide a straightforward and dependable way to support ministries while enjoying lifetime income. Through a CGA, donors contribute to a ministry and, in return, receive fixed payments for life—an option that can extend to a loved one, such as a spouse, through a Two-Life CGA.

What is a CGA?

A CGA is a contract where donors contribute cash, property, or appreciated securities in exchange for fixed lifetime payments. These payments may surpass the original gift, yet the CGA issuer remains obligated to fulfill them. CGAs are ideal for those seeking stable income and an immediate charitable tax deduction, with added tax benefits when appreciated assets are used, as capital gains (if applicable) are spread over time instead of taxed upfront.

 

Key Benefits

  • Funded by cash or appreciated securities, often from assets no longer needed for daily use.

  • Payments can be made for one life, or the lives of two beneficiaries.

  • Partial charitable income tax deduction in the year of the gift.

  • A portion of the payments may be tax-free for several years.

  • Once set up, CGAs are irrevocable.

 

How to Get Started

Starting a CGA is simple. With basic information about the donor(s) and the gift amount, we can create an “illustration”—a document that highlights key details to help you decide whether to proceed.

 

For your illustration, please contact your preferred Adventist ministry or organization, or reach out to WAF to speak with a development officer. (Deferred and flex-deferred CGA options are available.)

INFORMATIONAL APPLICATIONS (fillable):

Please check your state to know which application you need:
  • California & Illinois - Services offered through Pacific Union Conference of Seventh-day Adventists (PUA).

  • Hawaii - Services offered through the Hawaiian Conference of Seventh-day Adventists.

  • Washington, Alabama, Maryland - WAF does not currently issue CGAs in these states. Please contact our office if you would like to discuss other planned giving options.

  • All Other States - Services offered through Western Adventist Foundation.

  • US Territories - WAF does not current issue CGAs in the overseas territories of the United States.

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READY TO PROCEED?

If you already have a custom illustration and are ready to proceed, please download the fillable CGA Application and send it with your funding check to Western Adventist Foundation.

USPS:

Western Adventist Foundation

Attn: Development Dept.

PO BOX 15430

Scottsdale, AZ 85267

FEDEX or UPS:

Western Adventist Foundation

Attn: Development Dept.

13825 N Northsight Blvd A-201

Scottsdale, AZ 85260  

HOW CGAs Work:

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© 2025 by Western Adventist Foundation (866) 356-5595info@wafsda.org

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