Do you know how a charitable gift annuity can support the Jewish Community Foundation of Los Angeles and benefit you? Take this quiz to find out.
1. A charitable gift annuity pays you
A. fixed payments for life.
B. variable payments for life.
C. fixed payments for 20 years.
2. If you create a charitable gift annuity this year, you are allowed to take
A. twice your normal deductions.
B. a charitable income tax deduction for the entire amount of the asset donated.
C. a charitable income tax deduction for a portion of the value of the asset donated.
3. You can choose to have a charitable gift annuity make payments to one or two individuals. True or False
4. Upon the death of the second person receiving payments, the remaining value of the gift annuity is available to help support our mission. True or False
Answers:
- A
- C
- True
- True
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Contact Us
We would be happy to assist you in your charitable planning. Contact our Development Office at 323-761-8704 or development@jewishfoundationla.org to learn more about options that may work for you.
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