Some non-profit educational, religious, charitable and scientific organizations choose to issue charitable gift annuities to donors. Donors agree to make a gift to the charity they want to support, and the charity pays a fixed amount of income, usually tax-incentivized, for the remainder of the donor’s life. When the donor passes away, the charity keeps the remainder of the donor’s gift of money or property.
Charitable gift annuities
Organizations that want to issue charitable gift annuities in our state must apply for a certificate of exemption and submit annual financial filings.
Resources for your organization
- Learn how non-profit educational, religious, charitable or scientific institutions can get a certificate of exemption to issue charitable gift annuities.
- Organizations that issue charitable gift annuities must submit an annual report and other financial information, including audited financial statements
- Insurers and producers are required to notify our office when security breaches occur that involve private consumer information (i.e., Social Security numbers, etc.).
- Learn about the guidelines for properly submitting your SERFF filings in Washington state.