Life Income Planned Gifts

Life income gifts are unique in that they provide you the donor with the ability to support Bluffton University with a charitable gift and receive both a charitable income tax deduction and an income stream for you or your loved ones.

Life income gifts are often made in the form of assets that are producing a small amount of income, such as cash or appreciated stocks which are not earning dividends.

Bluffton welcomes the following types of life income gifts:

  • Charitable gift annuity - provides you with a fixed income for life (gifts of $10,000+)
  • Charitable remainder unitrust - makes payments that fluctuate with the market and therefore may provide a hedge against inflation. (gifts of $100,000+)
  • Charitable remainder annuity trust - provides a fixed income like a gift annuity, but the tax treatment of the payout may be preferable for donors giving highly appreciated assets. (gifts of $100,000+)

The first two options are by far the most common types of life income gifts. Some donors establish life income gifts through their wills as a means of providing a life income to a loved one.