Fund a Charitable Gift Annuity with Cash and Receive Payments for Life

Creating a Charitable Gift Annuity (CGA) with a cash contribution is a straightforward way to support Ransom Everglades School while securing payments for life. For many donors, funding a CGA with cash offers both financial stability and the satisfaction of making a lasting impact. Here’s how it works and what you can expect.

What is a Charitable Gift Annuity?

A Charitable Gift Annuity is a simple contract between you and Ransom Everglades School. You donate cash, and in return, Ransom Everglades School agrees to make fixed payments to you for life. Your payment amount is determined by your age at the time of the gift and does not change over your lifetime, providing reliable income regardless of market fluctuations.

Key Benefits of Funding a CGA with Cash

  1. Fixed Lifetime Payments
    You receive fixed payments for life, providing financial security, especially if you are a retiree looking for stable income. Typically, a portion of each annuity payment is tax-free for many years. This can enhance the financial benefit of your gift.
  2. Charitable Deduction
    You receive an immediate income tax charitable deduction for a portion of your cash gift, subject to IRS limitations. You may carry forward any unused deduction for up to five additional years.
  3. Meaningful Impact
    Your cash contribution to a CGA supports the mission and work of Ransom Everglades School. It’s a way to give back in a meaningful way, ensuring that your legacy advances a cause you care about.
  4. Ease of Setup
    Cash-funded CGAs are simple to establish. They do not involve the complexities associated with some other assets, such as appreciated securities or real estate. You can complete the process efficiently with the help of Ransom Everglades School's gift planning team.

Consult with Your Advisors

A Charitable Gift Annuity funded with cash is a powerful way to secure fixed payments for life and tax benefits while supporting the values and work of Ransom Everglades School.

Before you fund a Charitable Gift Annuity, however, we encourage you to speak with your financial and tax advisors about your plans.

Next Steps

If you would like to explore establishing a CGA with cash or other assets, please contact us. We can provide you with information tailored to your needs, including the current annuity rates, potential tax benefits, and the long-term impact of your gift.

Thank you for considering a generous gift to help sustain Ransom Everglades School.

  • Nekeisha Clement P’25

    “I love RE because I love the environment and community that surrounds the school. The staff, educators and education are top notch. I cannot ask for anything better for my daughter.”

  • Claudia Miyar Angles ’96

    “I am grateful for the phenomenal teachers that pushed me to be the best student I could be and took interest and fostered a real passion.”

  • Faculty Emerita Buzzie Borona-Polson

    “I love RE because I spent 35 amazing years of my life teaching there. I still see so many of my students who call, come to visit, and regale me with their latest escapades.”

  • Eugene Williams, Jr. ’87

    “I love RE because it's where my talents and abilities were cultivated and appreciated.”

  • Alicia Medina ’26

    “This is the place where I have made friends, found new passions, and discovered new sides to myself. This is the place that has always pushed me. Here at Ransom Everglades, we have a community that is always there to lend a helping hand.”

Middle School

2045 South Bayshore Drive, Coconut Grove, FL 33133
Phone: 305 250 6850

Upper School

3575 Main Highway, Coconut Grove, FL 33133
Phone: 305 460 8800
Founded in 1903, Ransom Everglades School is a coeducational, college preparatory day school for grades 6 - 12 located on two campuses in Coconut Grove, Florida. Ransom Everglades School produces graduates who "believe that they are in the world not so much for what they can get out of it as for what they can put into it." The school provides rigorous college preparation that promotes the student's sense of identity, community, personal integrity and values for a productive and satisfying life, and prepares the student to lead and to contribute to society.