Charitable Gift Annuity
A gift annuity is a simple contract between you and the Prevent Cancer Foundation, which provides income for you and for the Prevent Cancer Foundation, with excellent tax savings. Make a gift of cash, stocks, bonds or life insurance and we will pay you a specified annuity each year for life. The annuity income is a percentage of the total donation and is based on your age at the time the gift is made. It provides:
- Income for life your you, part of which is tax-free
- Immediate income tax charitable deduction
- Reduction of capital gains tax on sale of gifts of appreciated property
- Elimination or reduction of estate tax
Our planned giving staff is ready to help. Please contact the Prevent Cancer Foundation at (703) 836-4412, (800) 227-2732 toll-free, for more information.