Flexible Gift Annuity

Flexible Gift Annuity Diagram

How It Works

  • You transfer cash or securities to Proverbs 31 Ministries. Our suggested minimum gift requirement is $10,000.
  • You select a range of dates in the future (window) when you will want Proverbs 31 Ministries to begin paying you, or up to two annuitants you name, fixed annuity payments for life.
  • During the payment window, you request the start of payments.
  • Beneficiaries are recommended to be at least 65 to begin receiving payments and must be at least 40 to fund the gift.
  • The remaining balance passes to Proverbs 31 Ministries when the contract ends.

Benefits

  • Deferral of payments permits a higher annuity rate and generates a larger charitable deduction. The deduction is calculated based upon the first date in your window on which you could elect to start payments.
  • You can target your annuity payments to begin when you need them, such as retirement.
  • The longer you elect to defer payments, the higher your payment will be.


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About Proverbs 31

Proverbs 31 Ministries is a non-denominational, non-profit Christian ministry that seeks to lead women into a personal relationship with Christ, with Proverbs 31:10-31 as a guide.
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In a day and time when the world is trying to quiet biblical truth, Proverbs 31 Ministries is determined to help women engage with God’s truth like never before through the resources we offer each day.
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