Planned Giving

Charitable Gift Annuity

CGA Diagram

How It Works

  • Moorestown Friends School has a Charitable Gift Annuity program in partnership with Friends Fiduciary Corporation, Quaker non-profit corporation which supplies financial services to Quaker institutions.
  • You transfer cash or securities to Friends Fiduciary Corporation on behalf of Moorestown Friends School. The minimum gift requirement is $0.
  • Friends Fiduciary Corporation pays you, yourself and a spouse, or any two beneficiaries you name, fixed income for life.
  • The remaining balance passes to Moorestown Friends School when the contract ends.

Benefits

  • Receive dependable, fixed income for life in return for your gift.
  • In many cases, receive payments at a rate higher than the interest you are currently receiving.
  • Receive an immediate income tax deduction for a portion of your gift.
  • A portion of your annuity payment will be tax-free.
  • Are you a younger donor? Consider a deferred gift annuity.

Next