Charitable Gift Annuities for Domestic Help

When we think of income beneficiaries for charitable gift annuities, most of us picture a donor or a donor and his or her spouse, and these are indeed the most common cases. Yet the donor can name anyone who meets the issuing organization’s minimum age requirement as the income beneficiary. Gift annuities can offer an opportunity for kind-hearted individuals to care for others who need additional cash flow by providing a secure source of payments.