Deferred Gift Annuity

This diagram represents how to make a gift of a deferred gift annuity - a gift that pays you income.

How It Works

  • You transfer cash or securities. Our minimum gift requirement is $10,000.
  • Beginning on a specified date in the future, you, or up to two annuitants you name began to receive fixed annuity payments for life.
  • Nourishing Hope recommends that you are at least age 40 to fund the gift.
  • The remaining balance passes to Nourishing Hope when the contract ends.

Benefits

  • Deferral of payments permits a higher annuity rate and generates a larger charitable deduction.
  • You can schedule your annuity payments to begin when you need extra cash flow, such as retirement years.
  • Payments are guaranteed and fixed, regardless of fluctuations in the market.
  • The longer you elect to defer payments, the higher your payment will be.

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Nourishing Hope Exists Because of the Support of Our Neighbors.

Providing the equivalent of 4.5 million meals each year, plus thousands of mental wellness and social services that empower healthy lives, Nourishing Hope strives to create a city where all people have the resources needed for a dignified life. Join us today!

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