At age 75, Julie is currently investing sizeable sums in her local bank savings account. She wants to increase her income, reduce taxes, and do something to help fund ministry.

After discussing her options with a CFR consultant and her own financial advisor, she decides to contribute $10,000 through a charitable gift annuity.

Julie has now gained a number of advantages advantages:

• She has a fixed income, that is generally higher than passbook savings, for the rest of her life.

• She receives a one-time tax deduction based on the gift portion of her investment.

• A significant portion of her subsequent income from the investment is free of income taxes.

• She has satisfaction and joy in knowing that she is helping plant and fund churches.

Features:

The minimum amount required to establish a charitable gift annuity through CFR is $10,000.

• The expected rate of return depends upon whether one or two people will receive income from the gift.  The rate also depends on the age of the recipient(s).The annuity is an irrevocable agreement. You cannot add to it, but you can establish additional annuity agreements at any time.
  
• CFR has already funded over 350 projects in the state of Florida. With your charitable gift annuity you are partnering with us in continuing to expand the Kingdom of God. You are helping to change lives forever.
  
• You are free from concern about money management. Your money is safe with a ministry you trust.
  

• You receive an income tax deduction in the year that you establish the annuity for the gift portion of the contract.
• You receive a fixed periodic income that is not affected by the fluctuations of the marketplace.
• You receive a portion of your annuity income free of federal taxes.