Charitable Gift Annuities
A Meaningful Way to Sustain Vital Social Services
The Charitable Gift Annuity enables you to transfer cash or marketable securities to Catholic Charities Brooklyn and Queens in exchange for an immediate income tax deduction (the year you make your gift) and guaranteed fixed payments to you for life. But most importantly, your Charitable Gift Annuity is a meaningful way to partner with us as we reach out to each and every individual in need – transforming families, neighborhoods and the life of our communities.
A gift annuity is simple to create. You fund your annuity with a gift of cash or stock. You are then paid a guaranteed fixed amount, monthly, quarterly, semi-annually or annually for life – you choose what works best for you.
Annuities generate an immediate charitable tax deduction and can partially bypass capital gains tax. Your gift annuity can even provide payments for a spouse or other beneficiary of your choosing. Annuity rates vary with age. A charitable annuity named for the benefit of Catholic Charities Brooklyn and Queens can provide you with fixed, guaranteed payments and the satisfaction that you are making a significant future gift to sustain our vital social services.
We’re here to answer your questions!
Please contact Brian Gavin, Director of Development and Communications with your questions. He can be reached at:
Catholic Charities Brooklyn and Queens
191 Joralemon Street, 12 FL
Brooklyn, NY 11201