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Charitable Gift Annuity Annual Issuer Report  Form

Charitable Gift Annuity Annual Issuer Report Form

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Illinois I'm an attorney and financial planner and a plan giving consultant to schools and Charities and today I'm going to do a video uh discussing the charitable gift annuity uh it's a very fine way for a charity to uh raise some money it's also a way for a donor see over here donor can receive 6 to 8% annual income for Life while also making a large gift to charity or if that donor doesn't need the income that the charity would give it from the annuity if he doesn't need to take the income back then a donor can make a large gift to charity and have the gift essentially just be loaned to the charity because the donor will get the gift back uh after the donor passes away the his his children will get the gift back so again this is a concept called a charitable gift annuity and this the definition a chable gift annuity is an arrangement where a donor gives a donation of Charity let's say in our example we're going to use $100,000 and the charity gives se

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