Songtime is sponsoring a vehicle for contributing to the ministry for those folks who have funds to invest but still wish to earn an income from their savings. The vehicle is called the CHARITABLE GIFT ANNUITY
The Charitable Gift Annuity is a combination of a gift to charity (Songtime) and an annuity. For senior persons, annuity rates may be 6%, 7% or even higher. Since part of the annuity payment is a tax free return of principal, the gift annuity may provide the donor with a very substantial income. The combination of partially tax free Income and the initial charitable deduction makes this agreement quite attractive. Additionally, after all payments have been made for the life of the annuitant, a favorite charity (Songtime) will benefit from the charitable gift.
If you have an interest in contributing in this manner please contact the Songtime office at (508) 362-7070 or fill out and submit the form below. A representative of the ministry will then contact you with further information.