Give Today

Charitable Gift Annuities

Charitable Gift Annuities

Charitable Gift Annuities (CGA)

If you’re looking for a way to support Roger Bacon High School while also receiving reliable income, a charitable gift annuity may be a great option.

A charitable gift annuity allows you to make a meaningful gift and, in return, receive fixed payments for life—providing both financial stability and lasting impact.

How It Works

A charitable gift annuity is a simple agreement between you and Roger Bacon High School:

  1. Make a Gift
    You contribute cash or appreciated assets, such as stock.
  2. Receive Lifetime Payments
    In exchange, Roger Bacon provides fixed payments to you (and/or another individual you designate) for life.
  3. Support the Mission
    After the lifetime payments are complete, the remaining funds help support the students and programs of Roger Bacon High School.

Benefits of a Charitable Gift Annuity

A CGA offers a combination of financial and philanthropic advantages:

  • Guaranteed, fixed payments for life
  • Payments that may be partially tax-free
  • Eligibility for a charitable income tax deduction
  • Opportunity to support Roger Bacon’s mission in a meaningful way

Tax Advantages

Depending on how you fund your gift annuity, you may receive additional benefits:

  • A portion of your payments may be tax-free
  • If funded with appreciated assets, you may reduce or spread out capital gains taxes
  • You receive a charitable deduction for the gift portion of your contribution

Types of Charitable Gift Annuities

There are several ways to structure a gift annuity based on your financial goals:

Immediate (Current) Gift Annuity
Payments begin shortly after the gift is made, often within the same year.

Deferred Gift Annuity
You establish the gift today but delay payments until a future date—commonly retirement—resulting in higher payments when they begin.

Flexible Deferred Gift Annuity
This option allows you to decide later when you want payments to start, giving you added flexibility while still securing your future income.

A Gift That Gives Back

A charitable gift annuity can provide peace of mind through dependable income, while also creating a lasting impact for future generations of Roger Bacon students.