Annuities

Depending on your personal financial situation a Life Income Gift or an Annuity may be a great option for you to meet your personal financial needs while investing in the GREAT FUTURES of the kids who call the Boys & Girls Clubs of Yellowstone County home everyday. The Endowment Foundation offers both a Gift Annuity and a Deferred Gift Annuity options and we would encourage you to seek the advice of your personal legal and financial advisers as to which may be the best option for you.
 
Gift Annuity

Sometimes you may need income from an asset you want to use to invest to save the lives of youth in our community. The Endowment Foundation has a plan where you can gift cash or marketable securities AND receive a guaranteed fixed income for life. With a Gift Annuity you can;
  • receive a federal charitable deduction on income tax,
  • eliminate or reduce capital gains taxes,
  • receive a Montana Tax Creditof $10,000 per individual or 40% of the charitable value (whichever is less) if gift is for a permanent endowment,
  • receive income for the lifetime of one or two people,
  • reduce the "worry” of reinvestment and money management,
  • know your gift will benefit our kids when you no longer need it.

For specific information on how this option will work for you please seek the advice of your personal legal and financial advisers when considering a Gift Annuity.
 
Deferred Gift Annuity

Perhaps you are looking for a charitable investment, which would allow you to capture some substantial tax advantages but you are not as interested in ongoing income. A Deferred Gift Annuity with the Boys & Girls Clubs Endowment Foundation may be a great option for you. The advantages of a Deferred Gift Annuity include:

  • guaranteed (partly tax free) income for life after the deferral period,
  • an immediate federal income tax deduction thereby saving income tax dollars now,
  • an immediate Montana Tax Credit (40% of the charitable portion of your gift up to a maximum $10,000 credit, per year, per individual).
For specific information on how this option will work for you please seek the advice of your personal legal and financial advisers when considering a Gift Annuity.
 
If you are interested in learning more about the Annuity Options available through the Boys & Girls Clubs of Yellowstone County's Endowment Foundation and how you can help save the lives of the kids we serve please contact our Vice President, Resource Development Karrie Owen at 406-394-4511 or email her using the form below.

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