Charitable Gift Annuity - Immediate

CGA Diagram

How It Works

  • You transfer a minimum of $10,000 in cash or securities to Johns Hopkins.
  • Johns Hopkins pays up to two beneficiaries (including you, if you wish) fixed income for life.
  • Beneficiaries must be at least 60 at the time that payments are to be received.
  • The remaining balance passes to Johns Hopkins when the contract ends at the death of the last beneficiary.

Benefits

  • Receive dependable, fixed income for life in return for your gift.
  • In many cases, increase the yield you are currently receiving from stocks or CDs. 
  • Receive an immediate income tax deduction for a portion of your gift.
  • A portion of your annuity payment will be tax free.

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