Deferred Charitable Gift Annuity
Make a gift today and receive annuity payments later in life.
Deferred gift annuities allow you the option to make the gift today and receive the annuity later in life. Find out how a
charitable gift annuity works.
Additional benefits of deferred charitable gift annuities:
Deferred Payments.You decide when to begin receiving guaranteed annual payments for life. Typically, the payout rates are higher than traditional charitable gift annuities and you may benefit from being in a lower income tax bracket when you begin receiving the annual payments.
Save on Taxes.
Because your payments are deferred, your immediate charitable income tax deduction (if you itemize deductions) will be larger than through a typical charitable gift annuity. The longer the payments are deferred, the larger the charitable deduction.
You decide the ELCA ministry that will ultimately benefit from your gift annuity. Designate any ministry of the ELCA you choose
—your congregation, synod, social ministry organization, colleges and seminaries, churchwide ministries, or other ministries special to you.
Disclosure StatementHere to help
Our nationwide network of
professional gift planning staff can help you explore a variety of possibilities for making a significant gift to ministry and fulfilling your legacy goals at the same time.
The examples and information on this page are for illustrative and educational purposes only and should not be considered tax or legal advice. Please consult with your tax or legal advisor before proceeding with your estate plan. The Evangelical Lutheran Church in America, via the ELCA Foundation, currently does not offer charitable gift annuities to any persons in the states of Alabama, Alaska, Arkansas, Connecticut, Georgia, Hawaii, Iowa, Mississippi, Missouri, Nevada, New Mexico, Oklahoma, Oregon, Tennessee, and Washington.