Deferred Gift Annuity

Deferred Gift Annuity

Like a standard gift annuity, a donor makes a gift now and receives an immediate income tax deduction; however, the donor begins receiving the annuity payment at a future, predetermined date. Because of compounding between the date of gift and the first annuity payment date, the amount of the annuity payment can be significant at a much greater rate than of the standard charitable gift annuity.