Charitable Gift Annuity
A gift that secures lifetime income and shares the gospel.
A charitable gift annuity is a simple agreement between you and Cru Foundation. You make a gift of cash, appreciated securities, precious metals, or a one-time rollover from an IRA. In return, Cru Foundation makes fixed payments to you for the rest of your life, and when those payments end, what remains funds the Cru ministries and missionaries you have chosen to support.
Income You Can Count On
A gift that pays you back, for as long as you live.
Most ways of giving ask you to part with something and walk away. A charitable gift annuity works differently. You make the gift today, and Cru Foundation pays you a fixed amount every quarter for the rest of your life. The amount does not move with the market. It does not adjust with the headlines. It is set when the gift is made and it stays.
For donors in or near retirement, that combination is rare. Most gifts of meaningful size require you to choose between giving generously and keeping the income you depend on. A charitable gift annuity removes the choice. The same gift does both jobs.
What remains when the payments are complete goes to the Cru ministries and missionaries you named at the start.
Explanation of Benefits
Income tax deduction
A portion of your gift is tax-deductible. The deductible amount is determined by your age, the type of asset and rates established by the federal government. We calculate the tax-deductible amount for you.
Attractive payout rates
The amount of the annuity payment is determined by your age. The older you are, the higher the rate. See the tables for examples.
Designate your gift
Your CGA can be used to support Cru projects or ministry, including the ministry of missionary staff, when you no longer need the income.
Flexibility
Income payments can be made for the lifetimes of one or two people. You may also choose to defer payments to a time when the income will be needed.
A charitable gift annuity tends to fit donors in a specific moment.
The donors who find a CGA most useful are usually in their 60s, 70s, or 80s. They have built what they have going to build, and they are now asking a different question. Not how do I grow it, but how do I make it work — for the years ahead, and for the work that matters.
A few signs the moment fits:
- You are at or near retirement, and the income from this gift would meaningfully steady the years ahead.
- You have a specific Cru ministry, missionary, or region in mind. This is not a generic gift to a generic cause. The donors who do this well have someone or something particular they are funding.
- You are giving now, not later. A CGA is a present-tense gift that pays you back. If your plan is to give through your estate, a bequest or a charitable trust may fit better.
- You are comfortable making the decision once. Once a CGA is established, it cannot be undone. That is a feature for some donors and a deal-breaker for others.
If three of those four describe where you are, a conversation is worth having.
What Cru Foundation does, from the first call to the last payment.
Start with the situation, not the structure
Before we look at any numbers, we listen. What income do you actually need to make this work. Which Cru ministry are you trying to fund. Who else in the family is affected by this decision. The right structure follows from the answers, not the other way around.
Run a personalized illustration
Charitable gift annuity rates depend on your age and the structure you choose. We prepare an illustration based on your specific situation, so you can see the payments, the charitable deduction, and the ministry impact side by side before you decide anything.
Stay with you for the life of the gift
A CGA continues for the rest of your life, and so does the relationship. The Cru Foundation team that started the conversation is the same team you can call in year five, year fifteen, or whenever a question comes up.
Linda's Story
Linda’s generosity will make an eternal kingdom impact through the Jesus Film Project. And the annuity ensures Linda of an income for life, too. Like Linda, you can establish a charitable gift annuity that supports the work of Cru missionaries and ministries closest to your heart.
How It Works
To get started, you can contact our team to request a Charitable Gift Annuity illustration. Once you’ve decided on the gift, here is an overview of how it works:
Complete the CGA application and establish the CGA with a donation of $5,000 or more
Receive fixed lifetime payments on a quarterly schedule for the lifetimes of up to 2 people.
After all payments have been made, your gift accelerates gospel work through your favorite Cru ministries and missionaries!
Annuity Payments
Payments are fixed for life and can be made to you, your spouse and/or a loved one. The amount of each payment will depend on the age of the person(s) who receives them.
We live in an uncertain world, but with a CGA, there are two things you can count on. Your investment will share the gospel through Cru, AND you will receive regular income at a fixed rate no matter the condition of the stock market. And over Cru Foundation’s 50 years of existence, we have never missed a payment.
