Summary of Charitable Gift Annuity Benefits:

• Provides a current income tax deduction with any excess deduction carried forward for up to 5 additional tax years, if needed
• Partial elimination and deferral of applicable capital gain
• Fixed income payable over one or two lives
• Support charitable causes world-wide
• No set-up charges, on-going fees or tax filings as compared to a charitable remainder trust

54 Freedom Foundation, Inc. was officially chartered as a Florida nonprofit corporation on 54 Freedom's federal tax identification number is 26-4812916. 54 Freedom Foundation, Inc. is a public charity as described in Sections 170(b)(1)(A)(vi), 170(c)(2), 501(c)(3), 509(a)(2) and 2055(a)(2) of Internal Revenue Code of 1986, as amended (26 USc. Sec. 1 et seq.) (the "Code") and is, accordingly, exempt from federal income taxation under Section 501(a) of the Code.

Charitable Gift Annuities are fixed annuities as described by Section 501(m)(5) of the Internal Revenue Code. The transaction results in an immediate tax deduction and part of the income usually represents a return of tax-free principal. Applicable capital gain can be partially eliminated and otherwise deferred. Charitable Gift Annuities provide tax-favored, lifetime fixed income for one or two individuals. The payout options can be both immediate or deferred and there is an immediate tax deduction for current year with 5 year carry forward, if needed. Capital gains are reduced because a portion of the gain is eliminated and the remainder is amortized over life of income stream. Additionally, the asset is removed from estate and this reduces the taxable estate.

For more information about Charitable Gift Annuities please call our office toll-free: 877.341.3342 or email info@54freedom.com