A charitable gift annuity is a great way you can make a gift to our organization and benefit. You transfer your cash or property to our organization and we promise to make fixed payments to you for life at a rate based on your age.
You transfer your cash or property to WMNF 88.5 FM and we promise to make fixed payments to you for life at a rate based on your age.
When the payments are paid out, the value of the earnings (the amount the annuity investments earned over and above your initial investment) is taxable as income. By gifting part or all of the proceeds of an annuity to WMNF, payment of that tax can be avoided and WMNF will be able to utilize the funds to carry out its mission.
