Director of Planned Giving

Michael Afflitto, CAPĀ®

Michael Afflitto, CAP®
Southern New England Division
855 Asylum Avenue
Hartford, CT 06105
Toll Free: 1-888-468-5356
Tel: 860-702-0070 Direct
Email: Michael.Afflitto@use.salvationarmy.org


Planned Giving Options


Recent Newsletters


Gift Annuities

Some People's Legacies are Engraved on Monuments .....

Planned Giving Legacy

Yours Can be Written on Lives.


Deferred Gift Annuity

If you are under age 55 want your annuity payments to start at a later date, you can defer the payments to a specified time. Depending on your age and the period of deferment, this can greatly increase your rate of return, as funds are re-invested during that time.

A deferred gift annuity allows you to fund a gift when your income is high, and have payments start when you retire and your income drops.

Example: Ernesto and Sophie Robles, both in their mid 50's, are currently enjoying high incomes. They aren't happy with the performance of their IRAs, and they are in a high tax bracket. They decide to fund Single-Life Deferred Gift Annuities for each of them, and do this for several years. By deferring payments till retirement age, they increase their annuity rates of return substantially. They also get immediate income tax deductions for the charitable gift portion of the annuities, helping them lower their current taxes.

If you are ready to establish your Deferred Gift Annuity, please click here to download an application. Then, print it off, fill it out, and mail it to Michael Afflitto. Additionally, click here for a Charitable Gift Annuity Agreement Security Statement.

If you have any questions or would like a personal visit, please contact Michael Afflitto.


Charitable Gift Annuity

CGA Booklet

A Charitable Gift Annuity is a great way to give. The first step is to request our special booklet, The Charitable Gift Annuity - A Gift That Gives Back. You can do so today by clicking here and completing a simple form, where you can also request a Charitable Gift Annuity illustration.


Charitable Gift Annuity

A Salvation Army Gift Annuity is part gift, part investment. In return for an irrevocable minimum gift of $5,000 in either cash or stocks, the Salvation Army provides a fixed, lifetime payment for one or two lives.

Beneficiaries must be at least 55 years of age to receive payments. The rate of return is based on your age - the older, the higher the rate. Rates for immediate-payment single life annuities currently start at 4.0% for a person aged 55, and increase to 9.0% for a person aged 90 older.

You also receive tax benefits not available with commercial annuities, and provide much-needed support for the work of The Salvation Army Southern New England Division.


Advantages of a Gift Annuity

  • You make a gift to The Salvation Army and receive income for life.
  • Your rate of return is fixed, and backed by the full resources of The Salvation Army.
  • Part of your income is tax-free for many years.
  • If you make your gift with appreciated securities, you lower your capital gains taxes.
  • A portion of your gift is tax deductable in the year that the gift is made.
  • You reduce or eliminate any applicable estate taxes.
  • Because you can designate the Salvation Army program or service that will benefit from your gift, you have the joy of supporting work that is important to you.

If you are ready to establish a Charitable Gift Annuity, please click here to download an application. Then, print it off, fill it out, and mail it to Michael Afflitto. Additionally, click here for a Charitable Gift Annuity Agreement Security Statement and/or click here for a listing of Charitable Gift Annuity Rates.

If you have any questions or would like a personal visit, please contact Michael Afflitto.