530. What is a charitable gift annuity?Stevenrcline202015-04-28T20:40:00Z2015-04-28T20:40:00Z187496Summit Business Media4158214Site Map/Annuities/Charitable Gift Annuity2005-01-24T00:00:00ZTaxFactsDefaultArticle10043-00-TF1.xml43.00;#1548;#0x010100C568DB52D9D0A14D9B2FDCC96666E9F2007948130EC3DB064584E219954237AF3900242457EFB8B24247815D688C526CD44D009C4E67E972694125ABDA91AC61F5E51FTax Facts 1How are payments received under a charitable gift annuity agreement taxed?129891200.0000000000TaxFactsDefaultArticleSBMEDIA\moss-admin2010-01-19T07:23:26Z530. What is a charitable gift annuity?A charitable gift annuity agreement is a contractual obligation undertaken by a charity to pay an annuity to an individual in return for an amount transferred by the individual, where the actuarial value of the agreed upon payments is usually less than the amount contributed (notwithstanding the fact that the payments might exceed the amount transferred if the annuitant lives long enough). The contractual obligation is backed by the charity’s assets. The typical charitable gift annuity can involve the transfer of appreciated property.