Question: A charitable gift annuity utilizes a contract between the donor and the charity, in which the charity, such as a hospital s foundation, agrees to

A charitable gift annuity utilizes a contract between the donor and the charity, in which the charity, such as a hospitals foundation, agrees to pay money to the donor based on federal interest rate (or an individual the donor specifies) over a period of time in exchange for the current transfer of cash or other property.
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