Charitable Gift Annuities

Invest in a charitable gift annuity to benefit Barclay Friends and generate more tax-free income for you… 

A charitable gift annuity is a contractual agreement between you and Barclay Friends. In exchange for your gift of cash or securities, Barclay Friends provides you with guaranteed, lifelong annuity payments.

A gift annuity gives you a fixed annual income payment for life at a very attractive rate of return. For example, recent rates have offered a 70 year-old a 5.7% fixed annual income. This rate, which rises with age, is based on your age at the time you make the gift.  A gift annuity is a simple and powerful tool for charitable giving, particularly in a low-interest rate environment.

Some key advantages include:

  • Guaranteed life income for the annuitant, much of it tax free
  • Immediate tax savings through a charitable deduction
  • The gift is not included in your gross estate for estate tax purposes