tag:blogger.com,1999:blog-13143618.comments2011-08-01T09:45:10.835-07:00HOSPICE GIVINGHospice Foundationhttp://www.blogger.com/profile/15150739668933174449noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-13143618.post-31437632094965176922011-08-01T09:45:10.835-07:002011-08-01T09:45:10.835-07:00Charitable Gift Annuities are direct contracts bet...Charitable Gift Annuities are direct contracts between a person (donor-annuitant) and a charitable organization that is licensed to provide annuity payments in return. The person gives money (cash, stock, or other liquid asset) to a charity. Then the charity pays the person an annuity (a fixed dollar amount) every year for the rest of that person’s life. The annuity amount depends on the life expectancy of the donor-annuitant, which is estimated by the government based on age and gender. These annuity payment are an obligation of the charity, which must have enough assets to assume this obligation. At the end of the person’s life, the charity keeps whatever amount remains.<br /><br /> For more information, you may check the website of the American Council on Gift Annuities at http://www.acga-web.org/index.php?option=com_content&view=article&id=47&Itemid=193.Hospice Foundationhttps://www.blogger.com/profile/15150739668933174449noreply@blogger.comtag:blogger.com,1999:blog-13143618.post-61534283749008886412011-08-01T00:03:48.819-07:002011-08-01T00:03:48.819-07:00I would like to get charitable annuity. Can anyone...I would like to get charitable annuity. Can anyone please explain how does charitable annuity make their profit? I would appreciate if you can give me some websites.charitable annuityhttp://www.roygavra.com/noreply@blogger.com