The charitable gift annuity is one of the earliest and most popular forms of life income giving. It is also one of the easiest arrangements that can be made between a donor and the Capuchin Friars.

The Capuchin Friars have offered charitable gift annuities since 1924. Today there are more than 2,000 annuities with more than $24,000,000 in the annuity fund. The friars have never missed a payment to our annuitants. The funds are safely invested: 65% of the fund are in bonds; 25% in equity; and 10% in cash. Our investment advisors are with PNC Bank, Mellon Bank and Alliance-Bernstein.

In January of each year annuitants receive an IRS 1099 form from the friars indicating the ordinary income you received from the annuity during the preceding year.