These gifts pay you in return.
A “Philanthropic Mutual Fund”
Pooled Income Fund
Details:
A pooled income fund works like a philanthropic mutual fund. Your gift is pooled with gifts from others who are supporting the same ministry, and it is invested to pay you a quarterly income calculated from your proportional share of the fund. When each participant passes away, the ministry receives a gift in the amount of the participant’s proportional share of the fund. Using appreciated assets to fund your share of a pooled income fund helps you to avoid capital gains tax on the gifted asset.
Donor
Profile:
Pooled Income Funds, or PIFs, are best suited to donors who are
“investors,” people who are often interested and invested in the stock market.
This type of gift appeals to the prospect’s financial type while providing them
with a comfortable way to make a meaningful gift to a favorite ministry.
The Gift that “Pays” You Back
Gift Annuity
Details:
This is a case of “give and it will be given to you.” With a Charitable Gift Annuity, you and St. Andrew's agree to exchange your irrevocable transfer of cash or securities to us for a fixed income payment to you — for life. The gift also entitles you to an immediate charitable income tax deduction. At the end of its term, the annuity balance goes to support our mission. No wonder the Charitable Gift Annuity is one of the most popular of all planned gifts!
Donor
Profile:
Charitable Gift Annuities are great for donors who want to make
a gift but need retirement income now for current or anticipated expenses. Typically,
this is for conservative donors who are cash conscious or who are concerned
about their own or a spouse’s needs as they age. Donors who are concerned about
their children’s retirement may be interested in funding a deferred flexible
gift annuity for their children’s benefit.
Receive Payments; Defer Gains
Remainder Unitrust
Details:
A charitable remainder unitrust is a separately invested and managed charitable trust. It pays a percentage of its principal, which is revalued annually, to you and/or other income beneficiaries you name for life, or a term of years (up to a maximum of 20). You receive a charitable income tax deduction for a portion of the value of the assets you place in the trust. After the unitrust terminates, the balance or “remainder interest” goes to St. Andrew's to be used in the way you designate.
Donor
Profile:
You like flexibility. With a unitrust, you can use almost any
asset to fund it, including cash, publicly traded stocks and bonds, closely
held stock, partnership interests, and real estate. You can tailor your
unitrust to meet many financial or estate planning goals. You can choose to
receive income beginning immediately, or you can structure the trust and its
investments to defer most of your income until a future time (a Flip Unitrust).
Decide When to Receive Payments
Remainder Annuity Trust
Details:
A charitable remainder annuity trust is a separately invested and managed charitable trust that pays you, and/or other beneficiaries, a fixed annuity for life, or for a term of years (up to 20). You receive a charitable income tax deduction for a portion of the value of the assets you place in the trust. There is no upfront capital gains tax on any appreciated assets contributed to the annuity trust. The income received may be taxed favorably, thus possibly reducing estate tax liability. After the annuity trust terminates, the balance or “remainder interest” goes to St. Andrew's to be used as you designate.
Donor
Profile:
You want to make a major gift while retaining or increasing your
income from the assets you contribute. This gift is even more attractive if you
hold appreciated stocks or bonds and want to avoid the capital gains cost of a
sale. This donor also prefers the stability of a fixed income.