Charitable Gift Annuity
A charitable gift annuity is one of the most popular planned gifts for a reason. It allows you to take an immediate deduction (or avoid capital gains) on a gift transfer to Walking Mountains. Based upon an agreed upon schedule, we’ll make payments, a portion of which are tax free, to you (and up to one other individual) for life. At the death of the last remaining annuitant, we’ll apply the remaining balance to a purpose that you’ve designated beforehand.
Charitable Remainder Trust
A charitable remainder trust is more complex than a charitable gift annuity but also offers key advantages. A charitable remainder trust pays you income but you may decide on the length of the term. A trustee that you designate, as opposed to the charity, manages the assets. A charitable remainder trust also allows for fixed income payments to begin before age 60 (unlike a charitable gift annuity). You also have the flexibility of naming numerous charities or changing the beneficiary designation.
Pooled Income Fund
As with a charitable gift annuity and a charitable remainder trust, you are able to take an immediate deduction (and avoid capital gains) on a gift to a pooled income fund. With this instrument, you receive a percentage of the value of your fund over the course of your lifetime so the payment amount may fluctuate.
For more information about any of these gifts, please contact Patty White, VP of Development, 970.688.4164 or firstname.lastname@example.org.