Charitable Gift Annuities
Support the Ministries You Love – While Receiving Income for Life
A Charitable Gift Annuity (CGA) allows you to make a gift through the Hawaii Baptist Foundation that ultimately benefits the churches and ministries most important to you, while providing you (and/or a loved one) with fixed, dependable income for life.
This giving option reflects a balance of faithful stewardship, personal care, and long-term ministry impact.
Why Consider a Charitable Gift Annuity?
A CGA may be right for you if you want to:
• Receive steady income for life
• Support your local church, ministry or Baptist cause
• Make a significant gift without giving up all your assets
• Put appreciated assets to work in a tax-wise way
• Create a plan that reflects both generosity and prudence
How a Charitable Gift Annuity Works
1. You make a gift through the Hawaii Baptist Foundation, and the Southern Baptist Foundation, using cash or appreciated assets such as stock.
2. The Foundation establishes a Charitable Gift Annuity that provides fixed income payments for life to you (and/or a loved one).
3. Payments begin according to the terms you select and never change.
When the annuity ends, the remaining value of your gift is distributed to the church or ministries you designate.
4. Throughout the process, HBF works closely with you to ensure you gift reflects your values and supports the causes closest to your heart.
Financial Strength and Security
Charitable Gift Annuities offered through the Hawaii Baptist Foundation are underwritten and administered by the Southern Baptist Foundation, providing:
• Professional management
• Financial Strength and Oversight
• Longstanding experience seeing Baptist donors nationwide
• This partnership allows HBF offers CGAs with confidence, while focusing locally on relationships with churches, ministries, and donors across Hawaii.
Key Features at a Glance
• Fixed Income for Life
• Payments for one or two individuals
• May Provide an income tax deduction
• Often funded with castor appreciated securities
• Remaining funds benefit the churches and ministries you choose
Taking the Next Step
If youʻre considering a Charitable Gift Annuity, we invite you to begin a conversation.
• Request a Personalized Gift Annuity Illustration
• Schedule a Confidential Conversation
• Learn How a CGA can support your Church or Ministry
How a Charitable Gift Annuity Works
A Charitable Gift Annuity in Practice
Donors:
A married couple, both age 72
Gift Amount:
$10,000
Annual Annuity Payout:
Approximately 5.8% (based on current AGCA suggested rates for joint annuity)
Annual Income:
$580 per year for as long as either spouse lives
What Happens Next:
• Annual Income payments are fixed for life
• A portion of each income payment may be tax-favored
• After both lifetimes, the remaining value supports the churches and/or ministries designated