Charitable Gift Annuities
How it works
You donate cash or securities to the American Cancer Society.
The American Cancer Society pays you, or up to two annuitants you name, a lifetime annuity.
The principal passes to the American Cancer Society when the contract ends.
- You receive an immediate income tax deduction for a portion of your gift.
- Your lifetime gift annuity is backed by a reserve and the full assets of the American Cancer Society.
- Your gift annuity payments are treated as part ordinary income, part capital gains income (15%), and part tax-free income.
- You have the satisfaction of making a significant gift that benefits you now and the American Cancer Society later.
For more information
Complete the personal illustration form, or call us at 1-800-227-1885 so that we can assist you and your financial advisor through every step of the process.