Your One-Click Solution for Charitable gift annuities
Yes, it is true! CGA America grants 100% of the residuum value of a charitable gift annuity contract to the charity of the donor’s choice. But how can it afford to do that?
First, gift annuity rates established by the American Council on Gift Annuities assume that upon the maturity of a contract that the organization will remove that asset from the CGA pool and spend those resources on other needs. It is equally prudent for CGA America to use those resources in support of its mission to help its partner charities, as well.
Second, CGA America is a valuable partner to many organizations. Consequently, it only makes sense to distribute the residual funds to help them fulfill their charitable purposes.
Finally, CGA America recognized a need in the philanthropic marketplace to assist other organizations in providing life-income options to their donors. The one-click charitable gift annuity was created to fill that need. Because of the extraordinary ease of this program, it has allowed CGA America to become a national leader in the philanthropic marketplace - both with charitable organizations and with the generous donors who support them.
Donor's Charity or Charities of Choice