Charitable Gift Annuities With George Duffin | FaithFi
October 13, 2022
Charitable Gift Annuities With George Duffin
Faith & Finance with Rob West
How can you receive income and increase your generosity at the same time... with a charitable gift annuity. It gives you both security and a novel way to be more generous with those doing the Lord’s work. Rob talks about this special kind of annuity.
Question: How can you receive income and increase your generosity at the same time? The answer: With a charitable gift annuity. It gives you both security and a novel way to be more generous with ministries and organizations doing the Lord’s work. We talk about this special kind of annuity today with George Duffin.
George Duffin with the National Christian Foundation, an underwriter of MoneyWise. George has led NCF’s Charitable Gift Annuity program for 17 years, helping more than 1000 believers set up these special accounts that provide much needed funding for around 240 ministries and charities.
On this program, Duffin explains how charitable gift annuities help believers be more generous with God’s resources.
Duffin explains:
Exactly what a charitable gift annuity is
The beauty of a CGA’s simplicity
How these annuities benefit ministries and other charities
He also says charitable gift annuities are not only for older folks who’ve accumulated a lot of wealth. Duffin also explains how and why CGA’s appeal to younger people, and why they’re not just for the wealthy, but for everyday stewards as well.
He explains whether this is a good time to contribute with a charitable gift annuity. He also addresses potential challenges or drawbacks with CGAs.
You can also contact your local NCF office if you’re interested and want to know more.
On this program, Rob also answers listener questions:
Are I-bonds a good investment?
How do you use a secured credit card to build credit?
Remember, you can call in to ask your questions most days at (800) 525-7000 or email them to Questions@MoneyWise.org. Also, visit our website at MoneyWise.org where you can connect with a MoneyWise Coach, join the MoneyWise Community, and even download the free MoneyWise app.