Share the wonder of the Holy Spirit by giving freely to spread the word!
And there came a poor widow, and she cast in two mites, which make a farthing. And he called unto him his disciples, and said unto them, Verily I say unto you, This poor widow cast in more than all they that are casting into the treasury: for they all did cast in of their superfluity; but she of her want did cast in all that she had, even all her living. Mark 12:42-43
Giving with a Gift Annuity

Can I give an Annuity to fund the work of Jesus at the Abbey?

     Yes, creating a Charitable Gift Annuity (CGA) is a great way to meet your giving needs to  
Jesus' work, while creating a reliable source of retirement income for you.  The story of the  
gifts of the three wise-men serves to exemplify the importance of giving.  Sure the gifts they  
gave were valuable to the future of Jesus' ministry, but they were also symbolic of the trust  
and faith these men had that the Holy Spirit would compound these gifts many time over  
rewarding them and many others with untold miracles for generations to come.  Like the faith  
Queen Ester showed in risking all she had even her life itself, to provide the miracle of life to  
others who had been placed in risk. We all need to way value of temporary earthly treasures  
against the eternal treasures of the kingdom of heaven.

     If you are retired or nearing retirement, a Charitable Gift Annuity is an attractive tax  
savings plan. You make a gift to your church and receive guaranteed fixed payments for your  
life. A portion of your annuity payment is tax-free allowing you to keep even more of the  
income you earn. Your rate of return is based on your age.

     It's never too early to start thinking about how your estate will be distributed.  
Unfortunately, every day millions of dollars are lost through unnecessary taxes and estate  

     Your estate includes everything you own-your hard-earned money, house, real estate,  
vehicles, life insurance, investments, and anything else you hold dear. These are the things you  
want your family and their families to enjoy-the things that can make a positive impact on  
their lives for many years.

Questions & Answers About Annuities:

What is an annuity?

     An annuity is a contract between you and an organization to pay you a fixed sum of  
money at set intervals for a specific period of time.

How is the sum paid to me determined?

     The sum that is paid to you is determined by your age and life expectancy and the amount  
invested. For example, if you make an investment of $50,000 and your life expectancy is 10  
years, the return rate each year would be much higher that if your investment were $10,000  
and your life expectancy is 30 years.

How does the Abbey's Gift Annuity Plan work?

When you purchase your annuity, the Abbey will set your money aside in a separate account  
with instructions to purchase an annuity for you. The amount of your gift, which remains  
after the annuity is purchased, is the present gift to the Abbey.

May an annuity be purchased on more than one life?

Yes. You may purchase "joint and survivor" refund annuities which will provide payments to  
you or the person you name during your lifetime, and will continue to pay your surviving  
spouse or other person after your death.

May annuity funds be withdrawn?

No. The annuity is an irrevocable contract that lasts for your lifetime.

Are the annuity rates the same for one or two lives?

The rate of return on your investment is higher for a single life annuity because the term of the  
annuity is generally shorter.

Will I receive my total investment over the period of the annuity?

The Abbey prefers to participate in "refund" annuities. These annuities are designed to return  
to you the amount of your gift over the period of the annuity. If you do not live out your full  
life expectancy, the contract will end, unless it contains other provisions-for example, payment  
to your surviving spouse for life. If you outlive your life expectancy, the annuity continues to  
pay you the guaranteed amount until death.

What are the advantages of a gift annuity?

Generally, the advantages include increased spendable income and substantial tax savings.  
Contact the Abbey for information regarding your particular situation.

What are the tax advantages?

You will receive a substantial income tax deduction for your gift to the Abbey. In addition, a  
portion of the annuity payment to you will be tax-free because it represents a return to you of  
previously taxed dollars. The amount of the tax-free return of capital will vary with your life  
expectancy. As a rule, from 50 to 70 percent of the annuity income is non-taxable.

May I purchase more than one gift annuity?

Yes. Some people have several annuities. Some purchase one each year as a regular  
investment in the work of the Abbey and in their own future.

Abbey of the Most Holy Mother

Queen Esther prepared herself to go in unannounced to see the King, an act that would mean certain lose of all she had, even her life.  Yet she risked all she had, even her life, and trusted in the Holy Spirit to be comforted.  Her risk returned great rewards, as she and her people earned the respect of the king and were given many times more then what they risked.
Esther 6 and 7