Charitable Gift Annuities
Make a gift and get a fixed income for life: how it works.
- The Orange County Community Foundation issues and insures these annuities on our behalf. Annuities are backed by the assets of OCCF and furthered insured to guarantee your rate of return.
- Rates are set by the American Council on Gift Annuities, based on one’s age and current interest rates.
- You make an irrevocable transfer of cash or appreciated assets to the for the benefit of the Laguna Beach Seniors Endowment at the Orange County Community Foundation.
- You receive an immediate income tax deduction for a portion of your gift.
- If your fund your annuity with appreciated assets, you will also avoid capital gains tax.
- Your annuity payments are guaranteed for life.
- Your payments are partially tax-free.
- At your death, the remaining funds pass to Laguna Beach Seniors.