Charitable Gift Annuity Agreement Template

What Is the Charitable Gift Annuity Agreement?

A charitable gift annuity agreement creates a binding contract between you and a qualified charity. You irrevocably transfer cash or assets to the organization. In exchange, they pay you a fixed annuity for your lifetime based on IRS-approved rates tied to your age.

This arrangement provides predictable income while supporting charitable work. You receive an immediate charitable tax deduction for the difference between your gift value and the present value of your annuity stream. The agreement protects both parties by documenting payment terms, annuity rates, tax treatment, remainder designation, and regulatory compliance.

 

Is This Charitable Gift Annuity Agreement Right for You?

You need this agreement if you're:

• Donating to charity while needing retirement income
• Converting appreciated assets into tax-efficient income streams
• Setting up planned giving with universities or hospitals
• Creating predictable payments while supporting your alma mater
• Maximizing charitable deductions in high-income years
• Establishing joint annuities with your spouse

You definitely need this agreement if:

• You're donating $10,000 or more and want lifetime payments
• The charity requires formal documentation before processing transfers
• You're transferring securities or real property instead of cash
• You need documentation for claiming charitable tax deductions
• You want legal protection for your annuity payment rights

 

 

Why Thousands Trust Legal GPS Templates

Save Money: Attorney fees for charitable gift annuity agreements run $800 to $2,500. Get the same protection for $35.

Save Time: Download immediately and complete in under an hour. No waiting for attorney drafts or revision cycles.

Look Professional: Traditional legal formatting that charities recognize and accept without hesitation or additional due diligence.

Keeps You Out of Court: Clear provisions on Annuity Payment Obligations, Tax Documentation, Investment Authority, and Termination Terms prevent disputes over payment amounts, tax treatment, remainder designations, or regulatory compliance.

 

 

Get Protected in 3 Simple Steps

Step 1: Secure Checkout

Complete your purchase in under 60 seconds. We accept all major credit cards through our secure payment processor.

Step 2: Instant Download

Receive your template immediately via email. Download the agreement and how-to guide in Microsoft Word format.

Step 3: Fill In the Highlighted Fields

Follow the included guide to complete donor information, gift property details, annuity rates, payment terms, and remainder designations. Most users finish in under an hour.

 

Frequently Asked Questions

Can I use this template multiple times?

Yes. After purchase, you can reuse this template for as many charitable gift annuity agreements as needed. Set up annuities with different charities or modify terms for different donors.

Is this contract legally binding?

Yes. When properly completed, signed by both parties, and executed according to state law, this creates an enforceable contract. The charity is legally obligated to make annuity payments as specified.

What annuity rate should I use?

Annuity rates are determined by IRS tables based on your age and the month you establish the agreement. Most charities follow American Council on Gift Annuities suggested rates, which currently range from 4.5% to 9% depending on age. The charity you're working with will calculate the appropriate rate.

Can I designate how the charity uses the remainder?

Yes. The template includes options to designate specific purposes or allow the charity to use the remainder for general charitable purposes. The agreement includes variance power provisions in case your designated purpose becomes impossible.

What happens if the charity becomes insolvent?

Your annuity payments are unsecured general obligations of the charity. If they become insolvent, you're a general creditor. This is why you should only establish annuities with financially stable, well-established charities. Ask for their financial statements and reserve ratios before proceeding.

Do I need this if the charity has their own form?

Many charities use standardized forms, which are often acceptable. However, this template gives you more control over terms and ensures comprehensive provisions for tax treatment, payment schedules, and remainder designations. You can use this to negotiate or propose specific terms the charity's form might not include.