Charitable Gift Annuity
Income for today, a gift for tomorrowGiving through a Charitable Gift Annuity allows you to arrange a generous gift to
your community, while providing yourself a new income source you can count on for
the rest of your life.
How it works
• You make a gift to the Foundation for Appalachian Ohio — you can give cash,
appreciated stocks, real estate, or other assets.
• We set up a contract with you that combines immediate annuity payments with a
deferred charitable gift.
• You receive a stream of income that is fixed, regardless of market conditions.
• You also receive an immediate tax deduction for the charitable portion of your gift.
• Upon your death, we set up a fund in your name, in the name of your family or
business, or in honor of any person or organization you choose.
• We handle all the administrative details — issuing annuity payments to you during
your lifetime and, afterward, issuing annual grant awards to charities in the name of
the fund.
• Your gift can be placed into an endowment that is invested over time. Earnings from
your fund are used to make grants addressing community needs. Your gift — and all
future earnings from your gift — is a permanent source of community capital, helping to do good work forever.
