Charitable Gift Annuity
Income for Today, a Legacy for Tomorrow
A charitable gift annuity with the Portland Art Museum is a gift that gives back. It can provide you and/or another beneficiary with stable income for life. You may also receive an immediate income tax deduction.
How a charitable gift annuity works
A charitable gift annuity is a contract between you and Portland Art Museum
- You transfer cash or property to Portland Art Museum
- In exchange, we sign an annuity contract and promise to pay fixed payments to you for life. The payment can be quite high depending on your age, and a portion of each payment may even be tax-free
- You will receive a charitable income tax deduction for the gift portion of the annuity
- You also receive satisfaction, knowing that you will be helping further our mission
Benefits of a charitable gift annuity
- Receive fixed payments to you or another annuitant you designate for life
- Receive a charitable income tax deduction for the charitable gift portion of the annuity
- Benefit from payments that may be partially tax-free
- Further the charitable work of Portland Art Museum with your gift
Contact us
Please contact us if you have questions about making an income gift such as a Charitable Gift Annuity or to request any additional information that might be helpful to you and your attorney or advisor.