“My charitable gift annuity gives me the advantages of a commercial annuity, but with added tax benefits.”
Charitable Gift Annuity
Helping to protect the natural world is easy when you establish a charitable gift annuity with The Nature Conservancy. Several funding options like cash, appreciated securities or real estate allow you to receive a steady stream of income for life while protecting the lands and waters you cherish. Donors like, Rena Schilsky’ have discovered the benefits of a charitable gift annuity with the Conservancy. Her gift provides her with income now, and the principal will eventually help protect the natural places she cares so deeply about.
Protecting the Future
Native New Yorker Rena Schilsky does not aspire to live deep in the wilderness; she can’t see giving up the Manhattan culture that she has so enjoyed for the last 36 years. Instead, she is content to indulge her love of nature with regular visits to the many beautiful natural places in and around New York City—from the coast to the Hudson Valley and even Central Park. And in the summer, her large flower garden at a second home in the Bronx provides her with a little wildness in the city.
“I’m a city dweller, but I still find there are so many ways to enjoy nature here,” she remarks. “And it is easy to hop on a train and get away.”
She grew up loving the outdoors and particularly remembers childhood outings to the Catskill Mountains and, more regularly, to a park in the Bronx with her grandfather. By showing her “secret spots” like waterfalls and interesting rock formations, he was the one who sparked her lifelong interest in nature.
Rena takes the preservation of nature very seriously and she’s turned her convictions into actions as a volunteer in the Conservancy’s New York City office for the last 15 years. She appreciates the Conservancy’s “all-encompassing” approach that takes care of whole ecosystems and works with business, people and government.
“They do things in a way that is logical and makes sense,” she says. “And they have been getting results for a long time.”
Recently, she decided to increase her commitment by making a charitable gift annuity (CGA) with the Conservancy. She has always liked annuities, and actually withdrew funds from a commercial annuity to fund her gift. Now she receives regular income from her CGA while supporting the Conservancy.
“My charitable gift annuity gives me the advantages of a commercial annuity, but with added tax benefits,” she says. “Now I receive steady income that is partially tax-advantaged, and the Conservancy will ultimately benefit with a donation in the future. How much better can it get?”
Rena is so happy with her Conservancy CGA that she has been talking about the idea with friends. She is most pleased to have found another way to make a meaningful contribution to a cause that means so much to her. After all, donating her time and support to a range of causes has always been an important part of her life.
“I live with gratitude in my heart for what I have,” she says. “Giving back makes the world a better place.”