YOU CAN CHARITABLY GIVE AND ALSO RECEIVE INCOME

Many people who desire to make special gifts are faced with the dilemma of strong charitable intent on one hand, but a need to have sufficient resources to support themselves on the other.  Worried that they might “outlive” their resources, they hesitate to commit to a gift that they truly desire to make.  A Life Income Gift could be the solution.

Life income plans allow you to make a present gift to Sharon Presbyterian Church in return for lifetime income payments. It is as if you are giving away the vine, but are still able to enjoy the fruits of the harvest each year. This is a financial and philanthropic arrangement in which a charitable gift of cash, securities, or other property continues to provide an income to you, and/or another person named by you for life or other period which you specify (not more than 20 years).  After death of the final income beneficiary, the assets pass permanently to Sharon Presbyterian Church.

Types of Life Income Gifts

Charitable Remainder Trust
An irrevocable gift of assets into a charitable trust that provides you a fixed or variable income for life or for a set term.

Charitable Gift Annuity
A simple contract whereby you make a gift of assets in exchange for a fixed income for life.

Charitable Lead Trust
You can provide immediate support for Sharon Presbyterian Church while transferring assets to your loved ones at a greatly reduced transfer tax cost.

Pooled Income Fund
Your funds are combined with those of others in a charitable mutual fund that provides you income throughout your life. After your lifetime, the remainder goes to support the missions of Sharon Presbyterian Church.

For further information about planned giving at Sharon Presbyterian Church contact: