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.

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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.)

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INFORMATIONAL APPLICATIONS (fillable PDF):