Charitable Gift Annuity

Ways to Give > Planned Giving > Charitable Gift Annuity

Gifts That Pay You Income
A Charitable Gift Annuity (CGA) allows you to make a meaningful contribution to Faith Christian School while receiving a steady income for life. By establishing a CGA, you support our mission, secure a guaranteed income, and may benefit from potential tax savings. After your lifetime, the remaining funds will further the work of Faith Christian School, creating a lasting legacy.

Funding a CGA with an IRA
If you are 70½ or older, you may use assets from your IRA to fund a CGA through a Qualified Charitable Distribution (QCD). This option allows you to transfer up to $50,000 from your IRA directly to a CGA, which counts toward your Required Minimum Distribution (RMD) but is not included in your taxable income. By funding a CGA with IRA assets, you can support Faith Christian School and create a lasting legacy while meeting retirement planning goals.