Gifts That Pay You Income
Did you know there's a gift to Jersey City Medical Center Foundation that returns payments to you? Yes, the IRS allows and encourages these creative plans that can stretch your giving ability. Here’s how they work:
Some of the best ways to support Jersey City Medical Center Foundation are available through life-income gifts. These "Gifts That Pay You Income" help you make a substantial gift to Jersey City Medical Center Foundation while increasing your income.
The plans described here all have one substantial advantage over investment vehicles you read about elsewhere: they produce generous gifts to Jersey City Medical Center Foundation. So, while you will receive income for life or a set period of time, you can provide for yourself and Jersey City Medical Center Foundation today.
The Benefits
- An additional source of lifetime income for you, your spouse, or other significant persons.
- A potential increase in the income you are currently receiving from your investments.
- An immediate tax deduction for a portion of your gift.
- No capital gains tax due at the transfer of appreciated assets to your gift plan.
Which life-income gift best fits your needs?
Charitable Gift Annuity
Offers fixed payments for life with flexible funding options. Learn more about a Charitable Gift Annuity.
Deferred Gift Annuity
As a younger donor still in high-earnings years, you are still saving for retirement and also trying to lower your taxable income. Learn more about a Deferred Gift Annuity.
Charitable Remainder Unitrust
You want maximum flexibility with regard to the investment and benefits of your gift plan. Learn more about a Charitable Remainder Unitrust.
Charitable Remainder Annuity Trust
You want the flexibility to invest and manage your gift plan, and also the security of stable income. Learn more about a Charitable Remainder Annuity Trust.