Charitable Gift AnnuitiesA charitable gift annuity involves a simple contract between you and The Adath Foundation where you agree to make a gift to The Adath Foundation and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life. This is the preferred avenue of someone who doesn't want to choose between their philanthropic goals and financial security. In addition to receiving regular payments and fulfilling your philanthropic goals, when you create a charitable gift annuity with The Adath Foundation, you can receive a variety of tax benefits, including a federal income tax charitable deduction when you itemize.
Delay Your PaymentsIf you are younger than 60 or don't need your payments immediately, you can set up a deferred gift annuity. This allows you to delay receiving payments until a later date—such as when you reach retirement. To learn more, view and download our FREE guide Plan for Retirement With a Deferred Gift Annuity.
Let's Walk Through An ExampleSay that Justin, 66, and Mary, 65, want to make a contribution to The Adath Foundation that will support our work for generations to come, but they also want to ensure that they have dependable income during their retirement years. They establish a $20,000 charitable gift annuity with The Adath Foundation. Based on their ages, they will receive a payment rate of 3.9%, which means that they will receive $780 each year for the remainder of their lives. They're also eligible for a federal income tax charitable deduction of $4,878* when they itemize. Finally, they know that after their lifetimes, the remaining amount will be used to support our mission.
*Based on a 1.2% charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances. See how it worksLearn How To Fund ItCalculate Your BenefitsSubmit a few details and see how a charitable gift annuity can benefit you.
If you're interested in learning more about the benefits of a charitable gift annuity, please see our guide Strengthen Your Future With a Charitable Gift Annuity |
Charitable Remainder TrustA charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create. If you have built a sizable estate and are also looking for ways to receive reliable payments, this may be your option.
Benefits of a charitable remainder trust include: Potential for a partial charitable income tax deduction Potential for increased income Up-front capital gains tax avoidance There are two ways to receive payments with charitable remainder trusts: The annuity trust pays you, each year, the same dollar amount you choose at the start. Your payments stay the same, regardless of fluctuations in trust investments. The unitrust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. The amount of your payments is redetermined annually. If the value of the trust increases, so do your payments. If the value decreases, however, so will your payments. Let's Walk Through An ExampleSusan, 75, wants to make a gift to The Adath Foundation but would also like more income in the future. Susan creates a charitable remainder unitrust with annual lifetime payments to her equal to 5% of the fair market value of the trust assets as revalued annually. She funds the trust with assets valued at $500,000.
Susan receives $25,000 the first year from the trust. Subsequent payment amounts vary each year depending on the annual valuations of the trust assets. She is eligible for a federal income tax charitable deduction of $299,845* in the year she creates and funds the trust. This deduction saves Susan $95,950 in her 32% tax bracket. *Based on a 1.2% charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances. Learn How To Fund ItCash
Appreciated Securities Closely Held Stock Real Estate Retirement Plan Assets Tangible Personal Property Calculate Your BenefitsSubmit a few details and see how a charitable remainder trust can benefit you.
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