What is a charitable gift annuity?
A charitable gift annuity provides you with a fixed lifetime annuity at an attractive rate, as well as the satisfaction of providing long-term support to MSF.
How does a charitable gift annuity work?
You make a gift of at least $10,000 to Doctors Without Borders. We invest the assets and pay you, or up to two beneficiaries, fixed payments for life. You will be eligible for an immediate income tax deduction if you itemize on our tax return. At the end of the contract, we use the remaining funds to provide emergency medical aid to people threatened by conflicts, epidemics, or natural disasters.
Charitable gift annuity requirements
|Assets Accepted:||Cash or marketable securities such as stocks or bonds.|
|Payment Schedule:||Annual, semi-annual, quarterly, or monthly.|
Please note that a charitable gift annuity may not be funded by a direct transfer of all or part of your required minimum distribution (RMD) from your IRA.
MSF applies the annuity rates recommended by the American Council on Gift Annuities, effective as of July 1, 2020. Please contact us for the specific rate for your age.
Note: MSF does not issue annuities to residents of Alabama, Arkansas, Hawaii, or North Dakota.
Deferred gift annuities
If you are under the age of 65 and planning for your income needs during retirement, you may want to consider a deferred gift annuity. This allows you to make a gift with payments to begin at a future date—at least one year after the gift is made. The minimum age at which payments may start is 65. Both the annuity rate and amount are set at the time the gift is made.
For more information, please refer to our charitable gift annuity policy.
To receive a personalized illustration showing how an annuity could work for you, or for answers to other gift annuity-related questions, contact Beth Golden, Assistant Director, Planned Giving, at 212.655.3771 or firstname.lastname@example.org.
Charitable remainder trusts
A charitable remainder trust is a separately managed trust that allows you to make a significant gift toward the future of MSF's work, while providing an income for yourself or loved ones. After transferring cash, securities, or other assets to a trust, a trustee invests the assets, and the trust pays income to you or to individuals you name for life, or for a set term of years. When the trust terminates, MSF receives the remainder.
The trust may be a charitable remainder annuity trust (fixed payments) or a charitable remainder unitrust (fixed percentage).
To learn more, please contact your attorney or accountant, or Beth Golden, Assistant Director, Planned Giving at 212.655.3771 or email@example.com.
The above information is not intended as tax or legal advice, and your tax treatment may vary depending on your circumstances. Please consult with your tax advisor.