Charitable Gift Annuities
A Charitable Gift Annuity (CGA) supports your favorite nonprofit organization and provides a lifetime of income too! PCF is licensed to offer charitable gift annuities to benefit both PCF and other local nonprofit organizations, including the Pasadena Humane Society, A Noise Within, Five Acres, and many more.
“A CGA is an arrangement between a donor and a nonprofit organization in which the donor receives a regular payment for life based on the value of assets transferred to the organization. After the donor’s death, the assets are retained by the organization.”
In 2019, PCF donors Sheila and Alan Lamson made a gift of real estate to PCF to fund a CGA. Read more about how they replaced monthly rental income from their property with a CGA payment, and received a generous tax deduction for their gift.
Read a short article on CGAs featuring donor Sandy Greenstein and Pasadena Senior Center.
PCF’s information sheet on the CGA process.
For more information or to apply, please contact Director of Development Liz Algermissen at (626) 796-2097 ext. 10 or email@example.com.