Have you thought of charitable giving as a one-way journey for your money? It doesn’t have to be! You can make a gift to the International Foundation of AHSGR and actually have an income stream paid back to you and receive income tax benefits at the same time.
A Charitable Gift Annuity from our Foundation can give donors enhanced after-tax income for the rest of their lives. With the Charitable Gift Annuity, donors do two things at once: Make a charitable gift, and secure a fixed-rate lifetime income. The IRS allows a charitable contribution income tax deduction, part of the lifetime income is tax-free, and if the Gift Annuity is funded with appreciated property, a portion of the capital gains tax liability is avoided. Additionally, the Gift Annuity passes outside of the estate, so there are no probate costs or estate tax consequences.