Charitable Gift Annuity

The simplest life income gift arrangement is the Charitable Gift Annuity. CAF has partnered with the National Gift Annuity Foundation (NGAF), the country’s largest independent charitable gift annuity pool, to offer charitable gift annuities to our supporters. Should you decide a charitable gift annuity benefiting the CAF is right for you, a contract will be prepared between you and the NGAF, and they will provide for payments to one or two beneficiaries at a fixed rate. The minimum amount to establish a Charitable Gift Annuity is a gift of $25,000. The NGAF will provide an attractive annuity rate (NGAF annuity rates are based on the suggested rates of the American Council on Gift Annuities) and guaranteed payments for life. You may contribute cash or appreciated assets to establish a gift annuity. You are eligible for a charitable income tax deduction in the year that the gift is made. A Charitable Gift Annuity also allows for potential tax advantages, such as a reduction in estate and capital gains taxes.

If you are interested in giving the CAF a gift that pays you income, follow these next steps:

1. Contact the CAF Development Office at (877)767-7175, ext. 103, or development@cafhq.org for additional information on gifts that pay you income or to chat about the different options for making a lasting impact on the CAF.

2. Seek the advice of your financial, legal, and/or tax advisor.

3. If you include the CAF in your plans, please use our legal name and Federal Tax ID. Legal Name: Commemorative Air Force Address: P.O. Box 764769, Dallas, TX, 75376 Federal Tax ID: 74-1484491

4. Print out and return the Heritage Club Membership form.

Note: This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice.