A charitable gift annuity can help you combine financial and charitable goals. You can increase your income and supplement your retirement while you're making a difference in the lives of people with blood cancers. A charitable gift annuity may be appealing to you if you area conservative investor aged 70 or over who are more concerned with financial security than income growth.
For your irrevocable gift of $10,000 or more, The Leukemia & Lymphoma Society of Canada (LLSC) will purchase a annuity for you that will make fixed, lifetime payments to you. The LLSC receives a portion of the amount as an immediate donation towards research and patient support programs, for which you will receive a charitable tax receipt.
The benefits of a charitable gift annuity are many. You get:
- payments for life or a specified number of years at attractive, fixed rates for you and your surviving partner
- same income guarantee to GICs or bonds but with improved cash flow
- a tax deduction on a portion of what you transfer
- personal satisfaction from making a gift that will benefit you today and support research or services for blood cancer patients
For More Information
To find out if a gift annuity is right for you and to see payments and tax savings based on your age and gift amount call 1-877-668-8326 or e-mail us at AdminCanada@lls.org.