Gifts That Pay You Income

Transform Communities with a Gift that Gives Back

You can receive fixed payouts for life and help Catholic Extension Society to continue strengthening poor faith communities for years to come.

If you are thinking about this type of gift, we recommend consulting with your financial advisor and with Catholic Extension Society to select an option that is right for you. At Catholic Extension Society, please contact Betty Assell, Manager of Annuities, at BAssell@catholicextension.org or 312-795-6089.

Charitable Gift Annuities

Charitable Gift Annuities (CGAs) are a great way to make a lasting difference for isolated and under-resourced Catholic faith communities while receiving tax-favorable income for you, your spouse and your children. Many supporters like charitable gift annuities because of their attractive payout rates and their significant impact.

Benefits to you include:

• Payments can be made as you prefer on an annual, quarterly or monthly basis.
• A portion of the payout will be tax-free.
• You receive an immediate tax receipt for a portion of your gift.
• Your gift passes to Catholic Extension Society outside of the estate process.
• You create your legacy of strengthening Catholic faith communities.

Charitable Remainder Trusts

Income for life for you and your family while reducing your taxes and supporting Catholic Extension Society.

By using assets or cash to fund the trust, you receive income and an income tax credit the year in which you transfer your assets. The remaining portion of the trust, after all payments have been made, comes to Catholic Extension Society.

Benefits to you include:

• You receive income for life for you or your heirs.
• You receive a charitable income tax credit for the charitable portion of the trust.
• You create your legacy of strengthening Catholic faith communities.

California residents: Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. Oklahoma residents: A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department.  South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.