USA for UNHCR | The UN Refugee Agency

Charitable Gift Annuities:
Gifts That Give Back

Receive Income for Life and Save on Taxes

When we give, it is because we support a certain cause or mission. Not because we expect something in return. However, there are gifts that allow you to support USA for UNHCR while also receiving benefits. Charitable gift annuities (CGA) are gifts that give back and pay you income for life.

How It Works
When you give a CGA, you make a contribution of cash, marketable securities or other appreciated property owned longer than one year to USA for UNHCR. In return, we agree to make fixed payments to you for the rest of your life. The annual rate of your payment is based on your age at the time of the gift. The older you are, the higher the rate. Your payment rate does not fluctuate with the stock market, interest rates or inflation. It is firmly set at the time of your gift and never changes. After your lifetime, USA for UNHCR uses the remaining balance for our work.

You can also provide payments for another individual — typically your spouse, but it could also be a parent, adult child, family member or friend. Or you can establish a two-life gift annuity that pays you and another person if you choose.

Charitable Gift Annuities

Benefits of a Charitable Gift Annuity

  • Based on life expectancy, older annuitants (the person or people receiving the CGA payments) have higher payment rates.
  • You have potential to receive increased disposable income.
  • You may receive an income tax charitable deduction (if you itemize) in the year you set up the gift annuity.
  • Each year a portion of your payment is income tax-free, until you reach your anticipated life expectancy.
  • If you fund your gift annuity with appreciated property, rather than cash, you could benefit even more with favorable capital gains tax treatment at the time of your gift.
  • After your lifetime, the remaining portion of your gift will support our mission, helping to fulfill your philanthropic goals.

Keep Your Cash!

You can fund a charitable gift annuity with more than just cash. Perhaps you have stock that is producing lower dividends than you had planned on, or you have securities that have turned out to be higher risk than you are currently comfortable with. You can exchange those for a secure, stable charitable gift annuity and maintain day-to-day financial security. Talk with us or your financial advisor about creative options for funding a gift annuity.

Charitable Gift Annuities

An Example

Our donor, age 75, plans to donate a maturing $25,000 certificate of deposit to USA for UNHCR. Because they need continuing income, they decide to give the cash in exchange for a one-life charitable gift annuity that we will issue at the suggested rate of 6.6%, or $1,650 per year.

Because our donor itemizes their tax deductions, they earn a federal income tax charitable deduction of $12,090* (the amount of the $25,000 donation attributable to the gift portion). With a marginal income tax bracket of 32%, the tax savings of $3,869 reduces the net cost of the gift to $21,131.

In the chart you will see recommended rates from the American Council on Gift Annuities, which most nonprofit organizations follow. Check with our representative for current rates and applicable ages for charitable gift annuity eligibility. If you reside in New York, please contact us directly as your rates may vary slightly.

One Recipient
Age Rate
60 4.9%
65 5.4%
70 5.9%
75 6.6%
80 7.6%
85 8.7%
90+ 9.7%
Two Recipients
Ages Rate
60/65 4.5%
65/70 4.9%
70/75 5.5%
75/80 6.1%
80/85 7.0%
85/90 8.3%
90/95 9.5%

*Based on a 5.2% charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.

Charitable Gift Annuities

Next Steps

We want to work with you to create a gift that best fits your circumstances and our needs. To learn more about the benefits of establishing a charitable gift annuity with USA for UNHCR, please contact us today.

David Hall
Senior Manager, Planned Giving
Phone: 202-293-0434
1310 L St NW, Ste 450
Washington, DC 20005

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Charitable Gift Annuities: Gifts That Give Back

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Someone from USA for UNHCR will be in contact with you soon. If you need to speak to us immediately, please call us at 202-293-0434.