What if you could support Catholic education and enjoy with confidence a guaranteed income for the rest of your life.
You can do this with a charitable gift annuity. A charitable gift annuity (CGA) is one of the most popular and simple giving opportunities that will pay you income for life in exchange for your gift. You can also qualify for a variety of tax benefits depending on how you fund your gift.
If you fund your gift with cash or appreciated property, you qualify for a federal income tax deduction if you itemize. Additionally, you can minimize capital gains taxes when you fund your gift with appreciated property.
After making lifetime payments to you, the money goes into the tuition assistance fund for the Diocese of Wilmington. It’s a tax-savvy way to increase your financial security during your lifetime while supporting Catholic education.
Above all, you can donate with the confidence that the payments will continue without interruption throughout your lifespan. Last year, the Diocese partnered with the National Catholic Community Foundations (NCCF). Incorporated in 1997 by the Raskob Foundation for Catholic Activities, the NCCF assumes the financial liability and administrative expense of the CGA service on behalf of the Diocese of Wilmington. Organizations that use this service do so at no expense to themselves
You trust the Diocese of Wilmington with your spiritual life. You can trust the Diocese of Wilmington with your philanthropy.