Gifts that Enhance Your Income

A Charitable Remainder Trust or Charitable Gift Annuity enables you to  make a gift to CCA while receiving a guaranteed lifetime income for one or more persons.  Your income could be two or three times greater than the income you were receiving before your gift.  These agreements can be funded with cash or non-cash gifts.

Give it Twice

The fastest growing form of charitable giving is the Donor-Advised Fund (DAF).  With DAF you make an initial gift of property or cash and you immediately receive a tax deduction for the full value of your gift.  Your gift is held until you recommend distributions to charities at a future time(s).  While it is held, the DAF account grows tax-free.

Appreciated Property Gifts

The CCA Foundation can accept non-traditional gifts such as:

  • Stocks, Bonds, Mutual Funds, Real Estate and Life Insurance.

By gifting these types of assets you will avoid any applicable capital gains tax and receive a charitable income tax deduction for the fair market value of you gift.

Will or Revocable Trust Bequests

One of the simplest ways to give is a bequest provision in your estate plan documents.  Your bequest can be for a specific dollar amount, a percentage of your estate or the remainder of your estate after you have provided for others.  Estate gifts may be designated for an endowed excellence fund or for an immediate project need.

IRA or Pension Plan Gifts

Pension and IRA accounts are the most heavily taxed accounts you own.  Your heirs will pay federal and state income tax as well as potential estate taxes on the account values.  Naming the CCA Foundation as a beneficiary (or partial beneficiary) will avoid taxes.

The "Get It Back" Gift

With a Charitable Lead Trust, you transfer assets to a trust that pays income to a charity for a specific number of years determined by you.  At the end of this time period, the assets are transferred back to you or to others that you designate.  Depending on the performance of the trust, future generations may receive more or less than the original amount deposited.  The income tax effects of this tool are complex, and they vary based on the conditions of the trust.