Charitable Gift Annuities

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A Charitable Gift Annuity (CGA) is a simple contract that guarantees your client a fixed income for life in exchange for a gift to New Mexico Community Foundation (NMCF).

  • NMCF invests the CGA and makes periodic payments to your client.
  • NMCF must continue to pay your client until the person is deceased—even if the money runs out.
  • When your client is deceased, NMCF keeps whatever is left of the CGA.
  • Once created, a CGA cannot accept additional assets from your client.