A Charitable gift annuity (CGA) is a life income gift. You transfer assets now to Missouri State University, receiving a charitable deduction for a portion of the transfer, and you or a beneficiary receives income for the rest of your life or a fixed period of time. The income received each year is equal to a fixed percentage of the original gift. This percentage is dependent upon the age of the beneficiary (or beneficiaries) at the time the CGA begins to pay out income. Upon the passing of the last surviving beneficiary, Missouri State University will use any remaining annuity assets to support the program you designated when you established the CGA.
Foundation Tax ID #43-1234200
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