A Charitable Gift Annuity is the gift that gives something back.  You make an initial gift and then you receive an income for the rest of your life.  If you’re a retiree or on a fixed income, and you're over age 70, a CNCF Gift Annuity is ideal.

How You Benefit:

• You receive a better rate of return than many other investment options.
• Your receive a guaranteed income for life.
• Depending on your age, income received may be partially or entirely tax-free.
• You may also receive a charitable donation receipt you can use to offset any tax owed now or within the next five years.
• You get the satisfaction of seeing your legacy at work in your lifetime.

How it works: 

• Charitable Gift Annuities are most beneficial for persons age 70 or over.  They can be set up for an individual or as a joint plan.
• Establish a Charitable Gift Annuity for as little as $50,000.
• Approximately 25% of that amount will be provided to CNCF as an irrevocable gift of cash or securities, which will distributed to the charities you choose for use in their work.
• The rest will be used to purchase an annuity for you from one of the best insurance companies in Canada.