Life Income Gifts

Some of the best ways to support a nonprofit are available through life-income gifts. These “Gifts That Pay Income” help donors living on fixed incomes, as well as those with substantial assets from which they want to continue to enjoy income, to make significant gifts to your organization while increasing their incomes!

In this chapter we will take a more in-depth look at the different types of “Gifts That Pay Income”:

Yes, the IRS allows and encourages these creative plans that can increase your donors’ giving ability. Others include three types of charitable remainder trusts that allow donors to place resources into a tax-favored trust that pays income to living individuals and donates the remainder to charity.