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The Charitable Gift Annuity (CGA)

A way to support World In Need International . . . and receive regular, fixed annuity payments for life.

A Charitable Gift Annuity (CGA) is part charitable gift and part annuity. Funded by your contribution of money or stock shares, the CGA provides fixed annuity payments to you (and/or someone else you designate) for life-and a gift to World in Need, too. A portion of your contribution is tax-deductible in the year the CGA is made, and a portion of the annuity payments are tax-free.

How much money is required to set up a CGA through World Iin Need International's Harvest Fund?  
The minimum amount needed to fund a CGA through the Harvest Fund is $10,000.

What types of gifts are accepted for CGAs?
Cash (check) or publicly-traded securities.

When will annuity payments start?
You may choose to receive payments immediately or defer them to a future date, possibly to a time when additional income will be needed.

How often do I receive payments?
You may choose to receive your annuity payments quarterly, semi-annually or annually, via check or electronic funds transfer.

What types of CGAs does the Harvest Fund offer?
Single-life (for one person) or two-life.

How much will I receive?
We use rates recommended by the American Council on Gift Annuities. Payout rates increase with age and with the length of deferral. The payment amount depends on four factors:


  • The amount of your gift

  • Your age at the time of gift

  • Whether the payments begin immediately or are deferred

  • Whether the CGA is a one- or two-life annuity

Based on these factors, the payout rate is set at the time of your gift and the annuity payment received will be the same for the remainder of the one or two lives.

How much will go to World In Need International?

The recommended annuity rates for a CGA are computed using the assumption that "on average" approximately 50 percent of the initial gift amount will remain for charity when the annuitant dies (if the annuitant lives to the average life expectancy). If the CGA is reinsured, the 50 percent assumed remainder value (future value) is discounted back to today's dollars (present value) and made available to the ministry today.

What are the benefits of a CGA?

  • Immediate tax deductions. You generally qualify for an immediate tax deduction for a portion of the contribution that funds your CGA

  • Immediate gift to World in Need. With a CGA through the Harvest Fund, it is possible for World In Need to receive a gift immediately.


  • Regular Payments. A CGA produces a fixed payment for life with rates generally higher than CDs. A portion of the income is often tax-free.


  • Flexibility. Unlike a trust, you may establish a CGA without a lawyer, although it is always a good idea to consult with your professional advisor(s) first.

Is a CGA with World in Need International safe?

World In Need International's Harvest Fund partners with the National Christian Foundation (NCF) for Charitable Gift Annuities. NCF actually issues CGAs on our behalf. NCF's commitment to pay your annuity is a legally binding contract, and since 1998, when their first CGA was issued, they have never missed an annuity payment. They have an extremely careful and prudent investment policy that provides maximum security for all of the CGAs they issue, and CGAs are typically reinsured for even greater security.

A Charitable Gift Annuity Example

Mark and Katherine were both 75 years old, retired, and troubled by the drop in their income as a result of lower interest rates on their fixed-income investments (CDs, bonds and money market funds). Still, they wanted to support World in Need through financial giving and planned to do so through their will.

When they learned about a CGA through World In Need International's Harvest Fund, they started a CGA by funding it with a $25,000 check. They received an immediate tax deduction for a portion of the funding amount, and based on their age and life expectancy, they received fixed payments of $1,500 per year for the rest of their lives (6.0% of $25,000). This was a higher percentage than they were earning on their CDs and money market funds. Plus, about 65 percent of each payment was tax-free. Because the CGA was reinsured, World In Need received an immediate donation of $4,002 to further our work in Asia, which Mark and Katherine designated to use for printing Bibles.


  • Do you want to make a gift to World In Need International (World In Need)?

  • Would you like to receive regular, fixed payments for the rest of your life?

  • Would you like payments to go to your spouse, parents, children or a friend?

  • Do you want to remove assets from your taxable estate?

  • Are your CDs and money market returns lower than you would like?

If the answer to any of these questions is YES, then a Charitable Gift Annuity with World in Need may be right for you.

For more information:

If you have any questions or wish to request a personalized illustration, call World in Need International's Harvest Fund at   330-401-9404.

This information is designed to provide information and illustration of the subject matters covered. It is not intended, nor should it be used as legal, accounting or other professional advice. It is always a good idea to seek legal and tax advice from your professional advisor(s).

Contact us here about Planned Giving
Or call (800) 674-3234   Thank You!

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