Creating a Charitable Gift Annuity (CGA) with a cash contribution is a straightforward way to support Easterseals-Goodwill Northern Rocky Mountain while securing payments for life. For many donors, funding a CGA with cash offers both financial stability and the satisfaction of making a lasting impact. Here’s how it works and what you can expect.

What is a Charitable Gift Annuity?

A Charitable Gift Annuity is a simple contract between you and Easterseals-Goodwill Northern Rocky Mountain. You donate cash, and in return, Easterseals-Goodwill Northern Rocky Mountain agrees to make fixed payments to you for life. Your payment amount is determined by your age at the time of the gift and does not change over your lifetime, providing reliable income regardless of market fluctuations.

Key Benefits of Funding a CGA with Cash

  1. Fixed Lifetime Payments
    You receive fixed payments for life, providing financial security, especially if you are a retiree looking for stable income. Typically, a portion of each annuity payment is tax-free for many years. This can enhance the financial benefit of your gift.
  2. Charitable Deduction
    You receive an immediate income tax charitable deduction for a portion of your cash gift, subject to IRS limitations. You may carry forward any unused deduction for up to five additional years.
  3. Meaningful Impact
    Your cash contribution to a CGA supports the mission and work of Easterseals-Goodwill Northern Rocky Mountain. It’s a way to give back in a meaningful way, ensuring that your legacy advances a cause you care about.
  4. Ease of Setup
    Cash-funded CGAs are simple to establish. They do not involve the complexities associated with some other assets, such as appreciated securities or real estate. You can complete the process efficiently with the help of Easterseals-Goodwill Northern Rocky Mountain's gift planning team.

Consult with Your Advisors

A Charitable Gift Annuity funded with cash is a powerful way to secure fixed payments for life and tax benefits while supporting the values and work of Easterseals-Goodwill Northern Rocky Mountain.

Before you fund a Charitable Gift Annuity, however, we encourage you to speak with your financial and tax advisors about your plans.

Next Steps

If you would like to explore establishing a CGA with cash or other assets, please contact us. We can provide you with information tailored to your needs, including the current annuity rates, potential tax benefits, and the long-term impact of your gift.

Thank you for considering a generous gift to help sustain Easterseals-Goodwill Northern Rocky Mountain.

How Your Gift Helps

Your gifts to Easterseals-Goodwill help create independence, making a profound difference in the lives of the people we serve. It will provide Easterseals-Goodwill with the resources to…

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Provide adults with disabilities the opportunity to learn life skills to be as independent as possible Give children and teens with disabilities like autism the chance to thrive in the world Give people the pride of a paycheck through work opportunities.