Charitable Gift Annuity - Immediate

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How It Works

  • You transfer a minimum of $10,000 in cash or securities to Paterson Habitat for Humanity.
  • Paterson Habitat pays up to two beneficiaries (including you, if you wish) fixed income for life.
  • Beneficiaries must be at least 60 at the time that payments are to be received.
  • The remaining balance passes to Paterson Habitat when the contract ends at the death of the last beneficiary.


  • Receive dependable, fixed income for life in return for your gift.
  • In many cases, increase the yield you are currently receiving from stocks or CDs. 
  • Receive an immediate income tax deduction for a portion of your gift.
  • A portion of your annuity payment will be tax free.


For more information, please contact:
Amy Ferrante-Martin, Individual Development Officer
(973) 595-6868 ext 106 |