“It is more blessed to give than to receive.”  Gift Annuities are twice-blessed.

With a gift annuity you enjoy the blessing of regular annuity payments while blessing CRISTA with a gift. Maybe you want to support the work of CRISTA Ministries but also would like to have some income to supplement your retirement. Or maybe you’d like to make a gift but also want to help support your aging parents. Charitable Gift Annuities are twice-blessed. You give to CRISTA Ministries and care for yourself or loved ones.

Gift Annuities are a simple and convenient way to make a gift in support of the CRISTA family of ministries. To learn more about gift annuities, read below.

MAKING THE GIFT ANNUITY

What can I give to fund a gift annuity?
Cash
Publicly traded securities
Certificates of Deposit

Is there a minimum amount?
Yes. $10,000

How much are the annuity payments?
Gift annuity payments are fixed at the time the annuity is funded. The exact payment amount depends on the value of the asset given and the age of the annuitant (the person receiving the payments) at the time the annuity is funded. Generally, the older you are when you fund your gift annuity, the higher your payments will be.

Who stands behind the payments?
CRISTA Ministries. A charitable gift annuity is a contract between the donor and the charitable organization issuing the gift annuity. As such, it is a general obligation of CRISTA Ministries and is backed by the available assets of our organization.

How is my annuity rate determined?
CRISTA Ministries generally follows the rate guidelines established by the American Council on Gift Annuities. The older the annuitant(s), the higher the payout rate. Here are some sample rates for a single-life annuity:

Age        Rate
60           5.7%
65           6.0%
70           6.5%
75           7.1%
80          8.0%
85          9.5%
90+       11.3%

Will my annuity payments ever change?
No. Regardless of changes in the economy, your annuity payment amount will never vary. That means income you can count on for as long as you need it.

For a personalized gift illustration, or to learn more about charitable gift annuities, contact us by email at plannedgiving@crista.net or by phone at 206-289-7835.

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