Gifts that Pay You Back
Tax benefits, lifetime income, and high-impact philanthropy.
One great way to support the Institute for Sustainable Communities is through life-income gifts. These “Gifts That Pay You Back” help you make a substantial gift to ISC 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 ISC. So, while you will receive payments for life or a set period of time, you can provide for yourself and make a lasting impact on communities around the world.
Charitable Gift Annuities
ISC partners with the Vermont Community Foundation to offer our supporters charitable gift annuities.
These gifts pay you an annuity during your lifetime and will eventually support the activities of ISC. Gift annuities can be funded with cash or marketable securities in any amount above the minimum level of $25,000.
The amount of income you receive depends on your age when the gift is made. Once the annuity has been established, or at a future date of your choosing, you and/or your beneficiaries will receive fixed quarterly or annual payments that are not affected by interest rates or the stock market.
Donors receive a charitable deduction from their income taxes when the annuity is established, and much of your annual income from the annuity is not subject to income tax. The real benefit, though, is the ability to support the Institute for Sustainable Communities now, with no negative impact on your current income. As a matter of fact, many gift annuitants have actually increased their current income by using this strategy.
All assets remaining at the death of the annuitant are placed in a special fund to support ISC.
If you would like to learn more about establishing a charitable gift annuity that benefits ISC, please contact a member of the Development team.
Charitable Remainder Trusts
ISC partners with the Vermont Community Foundation to offer our supporters charitable remainder trusts.
A charitable remainder trust (CRT) allows you or your beneficiaries to receive income from an asset, knowing that whatever remains will benefit a cause you care about.
When you establish a CRT, you transfer assets into a trust that provides you and/or the beneficiaries you select with income. You can choose a fixed income for your lifetime or a term of years, or a variable income that changes annually with the value of the investments in your trust. At the end of the trust term all remaining assets are distributed to a special fund to support ISC.
Through the Vermont Community Foundation, we offer professional management, opportunities for diversification without loss to capital gains taxes, the prospect of tax-favored income, and a charitable deduction for the remainder value of the trust.
If you would like to learn more about establishing a charitable remainder trust that benefits ISC, please contact a member of the Development team.
