Gifts That Pay You Income
A gift to Children's Health Fund that returns payments to you? Yes the IRS allows and encourages these creative plans that can stretch your giving ability.
Here’s how they work:
Your gift to Children's Health Fund goes into an account that pays income to you and/or other beneficiaries for life. When there are no remaining beneficiaries, the balance in the gift account is paid over to us for the purposes that you specified when you set up your gift.
The benefits?
- An additional source of lifetime income for you, your spouse or other significant persons.
- A potential increase in the income you are currently receiving from your investments.
- An immediate tax deduction for a portion of your gift.
- No capital gains tax due at the transfer of appreciated assets to your gift plan.
What life-income gift best fits your needs?
Charitable Gift Annuity
You want secure, stable income and a high rate of return. Your gift can be in cash or stock. Learn more about a Charitable Gift Annuity.
Deferred Gift Annuity
As a younger donor still in high-earnings years, you are still saving for retirement and also trying to lower your income tax. Learn more about a Deferred Gift Annuity.
Your Estate/Charitable Goals
Glossary
