With a charitable gift annuity, you can support the ELCA with an irrevocable gift of cash, appreciated securities, or other assets which will provide you (or a beneficiary) with fixed payments during your lifetime. The remainder of the gift benefits ministries such as your congregation, the Synod, camps and/or campus ministry.

Rates are determined by the age of the donor(s).

With a charitable gift annuity, you can:

  • Take an immediate income-tax deduction for the contribution’s value.
  • Receive fixed payments for life and a steady income stream where portions of annuity payments may be tax free.
  • Avoid or reduce capital-gains tax (when funding an annuity with appreciated securities).
  • Make a significant gift to the ELCA, your congregation, or a ministry you specify with the remaining assets.
  • Select from joint-and-survivor annuity options, where both annuitants can create plans for couples.

Minimum gift amount: $10,000

Learn more.

 

Tharan Leopold, the ELCA Foundation’s Gift Planner serving the Southeastern Minnesota Synod, is available to assist ELCA members in creating a charitable gift annuity. He can be reached at 507-838-1980 or Tharan.leopold@elca.org for more information and an application.

 

The examples and information provided are for illustrative and educational purposes only and should not be considered tax or legal advice. Please consult with your tax or legal adviser about proceeding with your gift plan.