Charitable Gift Annuity
A charitable gift annuity is a simple contract between you and a charity. You receive annual income for life and a charitable deduction. If you use an appreciated asset, you also get favorable treatment on capital gains tax. A portion of the income you receive for life is free of tax.
Annuities work best for those who are 70 or older—the older you are when making this type of gift, the more income you receive. We would be happy to provide you an illustration. San Francisco Performances is currently not licensed by the State of California to issue gift annuity contracts, however you have other options that will benefit us: Comerica Foundation and Silicon Valley Community Foundation. We can provide information about how we partner with each of these institutions.