Charitable Gift Annuities
A Charitable Gift Annuity is a way to make a gift to the Foundation and receive a one-time income tax deduction along with a fixed income for life in return.
Charitable Gift Annuities can be for one or two people and the interest payments are based on age. With a two-person annuity, after the first person passes, the surviving person receives payments until their passing.
When the donor's life (or lives in a two-person annuity) ends, the remaining balance will be distributed according to their wishes - the local church, one of our Dakotas Conference ministries or to establish a Named Endowment.
Additions cannot be made to an existing CGA. Additional CGA's may be set up based on the donor's age(s) at that time.
CURRENT RATES CAN BE FOUND HERE. American Council on Gift Annuities
Please contact us if you have any questions or download the Charitable Gift Annuity Application here and mail completed form to:
Dakotas United Methodist Foundation
PO Box 460
Mitchell, South Dakota 57301