Financial
Charitable Gift Annuity Agreement
Philanthropic investment contract providing lifetime income to donors while benefiting charities, covering payment rates, beneficiary rights, and charitable remainder distributions.
Key Clauses
1
Financial Terms
Specifies principal amounts, interest rates, payment schedules, and financial obligations of each party.
2
Default and Remedies
Defines events of default and the remedies available to the non-defaulting party.
3
Representations and Warranties
Contains assurances from each party regarding their authority, financial condition, and compliance.
4
Security and Collateral
Describes any collateral pledged to secure obligations under the agreement.
5
Regulatory Compliance
Ensures the transaction complies with applicable financial regulations and reporting requirements.
Use This Template
When You Need This
- Elderly donor creating annuity for lifetime income while supporting charity
- Retiree establishing gift annuity for tax benefits and charitable giving
- Individual setting up annuity for spouse's financial security and philanthropy
- Major donor using annuity for estate planning and charitable legacy