14 Mar

How do these gifts work?

Charitable gifts that also provide the donor with income can be made in several ways. One popular option is to make a charitable gift while retaining a fixed income.

With this type of gift, the amount of income you receive is determined at the time you make your gift and remains the same from that point forward. This option is particularly attractive for those who wish to plan on a definite amount of income that will never change.

Another option allows you to make a gift that provides income that varies over time. Income you or a loved one receives from this type of gift will fluctuate each year depending on the performance of the plan’s investments. This option provides an opportunity for growth in income over time.