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Charitable Gift Annuity

You may be tired of living at the mercy of the fluctuating stock and real estate markets. A Charitable Gift Annuity can provide you with a secure source of fixed payments for life, while supporting the Kerr's programs and services for individuals with IDD and mental health challenges.

Benefits of a charitable gift annuity

• Receive fixed payments to you or another annuitant you designate for life
• Receive a charitable income tax deduction for the charitable gift portion of the annuity
• Benefit from payments may be partially tax-free
• Further the life-changing work of Kerr

How a charitable gift annuity works

1. You transfer cash or property to Kerr.
2. In exchange, we promise to pay fixed payments to you for life. The payment can be quite high depending on your age, and a portion of each payment may be tax-free.
3. You will receive a charitable income tax deduction for the gift portion of the annuity.
4. You also receive satisfaction, knowing that you will be helping further Kerr's mission.

If you decide to fund your gift annuity with cash, a significant portion of the annuity payment will be tax-free. You may also make a gift of appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax. Please contact us to inquire about other assets that you might be able to use to fund a charitable gift annuity.

Contact us

If you have any questions about charitable gift annuities, please contact us. We would be happy to assist you and answer your questions.