Charitable Gift Annuity

A Charitable Gift Annuity provides a unique opportunity to make a tax-deductible gift while receiving a lifetime annual income from that gift. The remainder of the Charitable Gift Annuity is used to create an endowment benefiting the Madison Public Library Foundation.

At-a-glance:

• Offers an immediate charitable income tax deduction
• Provides a fixed annual income
• Results in a partial tax-free return of principal on each payment received
• Ensures that the MPL Foundation has a steady and permanent stream of income

Madison Public Library Foundation does not provide tax or legal advice and the information herein is not intended as legal, tax, or investment advice. Please contact a tax advisor or an estate-planning attorney for information specific to your situation.

Back