A charitable gift annuity is a way to make a gift to Audubon, and still receive an income for yourself or others. It is a contract under which Audubon, in return for a transfer of cash or securities, agrees to pay a fixed sum of money for a period measured by one or two lives. When you contribute an asset for the annuity you are called the "donor", and the person who receives payments is called the "annuitant" or "beneficiary." Usually, the annuitant is also the donor, but this is not always true.
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Read more... [What is a Charitable Gift Annuity?]
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