Charitable Gift Annuities

A CGA is a planned gift in which a donor contributes cash to the TCC Foundation and, in return, receives fixed, lifetime income payments for one or two designated individuals. In addition to lifetime income, a CGA will generate an income tax deduction, partly tax-free annuity payments, and avoidance of capital gains tax, if applicable. This is excellent for donors who want a high, safe income stream that will last for the rest of their life, and for donors who have a significant tax liability in the current tax year.