Steady Your Income and Make a Contribution

There are many considerations your clients face as they approach their retirement years.  They may want to lock in a fixed income or create a hedge against inflation—or both—as well as provide support to charitable organizations that have been meaningful to them.

Charitable Gift Annuity

With a charitable gift annuity, your client can make a contribution to Communities Foundation of Texas that provides fixed payments for life as well as numerous tax advantages.  Following his/her lifetime, the remaining assets can support charitable programs in our community and beyond.

Charitable Remainder Unitrust

A charitable remainder unitrust provides variable income payments.  Your client can fund the trust with cash or other assets and decide on the payout rate, within IRS limits, to your client and/or others.  The trust assents remaining at the end of the beneficiaries’ lifetimes will provide charitable support.

Both of the above vehicles can be “linked” to a donor-advised fund that your client can experience during his/her lifetime.  The balance of the charitable gift annuity and charitable remainder unitrust can flow into the donor’s fund.

What a wonderful way for your clients to support the charitable organizations that they have loved and respected, while also receiving an income and charitable deduction.

If you would like to learn more about how CFT can be of help in creating a philanthropic legacy that can continue for years to come please contact me at gjacobs@cftexas.org or 214-750-4255.

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Geri Jacobs

Author: Geri Jacobs

Director of Charitable Gift Planning at Communities Foundation of Texas

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