Charitable Gift Annuities

A Charitable Gift Annuity can help you enjoy a reliable income stream during your lifetime, regardless of market fluctuations. Friends of Acadia will receive the remaining balance of your gift annuity after the lifetime of the income beneficiaries, ensuring that your generous donation will provide a significant benefit to the park. You are eligible for an immediate income tax deduction and, if you donated appreciated assets, you may save on capital gains taxes, too.

Here is how it works:

• You donate $25,000 or more in cash, securities, or other property to Friends of Acadia.
• Friends of Acadia pays you, or up to two beneficiaries, a fixed income for life at a guaranteed rate based on the age of the beneficiaries.
• You can begin receiving payments immediately (if you are 65 or older).
• You are eligible for an immediate tax deduction. If you donated appreciated assets, you may save on capital gains taxes as well.
• The principal passes to Friends of Acadia after the lifetime of the income beneficiaries.

The Benefits:

• You receive fixed, reliable payments for the rest of your life.
• You save on taxes.
• You enjoy the satisfaction of knowing that your gift will help Friends of Acadia preserve, protect, and promote stewardship of the outstanding natural beauty, ecological vitality, and distinctive cultural resources of Acadia National Park.