A lifetime income gift – such as a charitable gift annuity or a charitable remainder trust – is a wonderful solution if you wish to give in a substantial way, but are concerned about having enough retirement income.
You can give cash or other property, and receive steady income for the rest of your life (or a designated number of years). The remainder will benefit your favorite Kingdom causes.
Benefits of Gifts That Pay Your Income
- Win-win. Support your favorite charities while securing income payments for life or a designated number of years.
- Eliminate hassles. Give assets you no longer need or care to manage (such as rental property or vacation homes) to benefit God’s Kingdom.
- Tax-wise. Receive an immediate income tax deduction at the time of your gift and reduce capital gains tax when funding your gift with appreciated assets.