Foundation Launches Charitable Gift Annuities

Our planned giving partner, the Roman Catholic Foundation of Eastern Missouri, initiated its Charitable Gift Annuity (CGA) program in mid-May 2017. This popular planned giving vehicle works this way:

1) The donor makes an irrevocable gift to the Foundation,

2) The donor receives a partial tax deduction based on their age,

3) The Foundation pays the donor a specified income for life,

4) Upon the donors passing, the remaining gift amount goes into a fund to benefit Kenrick-Glennon Seminary.

To learn more about CGAs, please click on this link: http://rcfstl.org/planned-giving/gifts-that-pay-you-income/charitable-gift-annuity/