Would you consider making a gift to the Christian Appalachian Program, and receiving life income?
This is possible when you fund a CAP charitable gift annuity.A charitable gift annuity is an agreement between you and CAP.In exchange for cash or other assets (stocks, bonds, mutual funds, etc.) of $2,500 or more, CAP guarantees to make fixed payments for the rest of your life.Following your life, the assets remaining are used to fund the work of CAP.
Advantages of a Charitable Gift Annuity with CAP:
ØFixed payments for life
ØA charitable income tax deduction for the year the annuity is funded
ØA portion of payments is considered tax-free income
ØAn opportunity to make a significant commitment to the Christian Appalachian Project for many years to come
The rate of payment to you is based on age, therefore we ask for verification of age should you decide to fund a charitable gift annuity.Please refer to the following chart to see the return rate for your age.
Christian Appalachian Project's Gift Annuity Rates
SINGLE LIFE
AGE
RATE
AGE
RATE
55
5.5%
73
6.8%
56
5.6%
74
6.9%
57
5.6%
75
7.1%
58
5.7%
76
7.2%
59
5.7%
77
7.4%
60
5.7%
78
7.6%
61
5.8%
79
7.8%
62
5.9%
80
8%
63
5.9%
81
8.3%
64
6%
82
8.5%
65
6%
83
8.8%
66
6.1%
84
9.2%
67
6.2%
85
9.5%
68
6.3%
86
9.9%
69
6.4%
87
10.2%
70
6.5%
88
10.6%
71
6.6%
89
11%
72
6.7%
90 & Over
11.3%
The Christian Appalachian Project offers single-life and two-life survivorship charitable gift annuities for persons ages 55 and older.Information and rates for two-life and deferred charitable gift annuities is also available.
To receive an obligation-free, personalized illustration and application form, fill out the following form and click on the submit button.If you would like to speak with a Development Officer, call the Planned and Major Giving Department at 1-866-270-4CAP (4227).All information provided is confidential.
“I have shown you all things, how that your laboring ought to support the weak, and to remember the words of our Lord Jesus, how he said, It is more blessed to give than to receive.”
The Christian Appalachian Project is an interdenominational, non-profit Christian organization committed to serving people in need in Appalachia by providing physical, spiritual and emotional support through a wide variety of programs and services.
