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How It Works
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You transfer cash or securities to Wayne Presbyterian Church.
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After the transfer, Wayne Presbyterian Church pays you, or up to two annuitants you name, fixed income for life.
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The principal passes to Wayne Presbyterian Church when the contract ends.
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Benefits
- You receive an immediate income tax deduction for a portion of your gift.
- Your annuity payments are guaranteed for life, backed by a reserve and the assets of Wayne Presbyterian Church.
- Your annuity payments are treated as part ordinary income, part capital gains income (15%), and part tax-free income.
- You can have the satisfaction of making a significant gift that benefits you now and Wayne Presbyterian Church later.
More
Your interest in planned giving to Wayne Presbyterian Church is greatly appreciated. If you would like to learn more about charitable gift annuities, please contact Rev. Steven Harberts, Associate Pastor at stharberts@waynepres.org or (610) 688-8700; or the Chair of the Planned Giving Committeee, M. Parker Blatchford at mpblatchford@aol.com or (610) 688-9030; or complete the Information Request Form.
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