Give a gift that pays income now and benefits charities in the future
A Charitable Gift Annuity is a simple agreement between a donor and Madison Community Foundation. It is an opportunity to make a tax-deductible gift while receiving a lifetime of annual income from that gift. The remainder of the Charitable Gift Annuity is used to create a new endowment fund to benefit a charity or add to an existing endowment at Madison Community Foundation.
Individuals who are at least 60 years of age may establish a Charitable Gift Annuity and they may be created for one or two life beneficiaries.
Click here to view and print a fact sheet on Charitable Gift Annuities.
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