Lifetime Income

Lifetime income gifts come in two forms: Charitable Gift Annuities or Charitable Remainder Trusts.      

Charitable Gift Annuity

A Charitable Gift Annuity is a simple contract whereby you make an irrevocable gift (typically cash or securities) in exchange for a fixed-sum guaranteed annual payment for life. At the time the last named annuitant dies, Young Life will receive the remainder of the funds used to create the annuity and will use them in the manner directed by you.  

Find the details of who should participate, payout rate, tax deductions and types of gift annuities.

Charitable Remainder Trusts

A Charitable Remainder Trust is a gift that pays the donor an annual income for a term of years or for his or her lifetime and/or other beneficiaries. At the time of the donor's passing, Young Life would receive the remainder of the assets in the trust. This is ideal if a donor owns some type of appreciated asset paying little in the way of a dividend. By placing this asset into the trust and naming Young Life as the final beneficiary of the trust, the donor could receive the following:
  • An annual income from the trust, usually 5 percent to 7 percent of the asset value. 
  • Avoidance of the capital gains tax on an appreciated asset, such as stocks or real property.
  • A partial charitable tax deduction.
  • Removal of assets from the estate for tax purposes if the estate is taxable.
  • A charitable gift to Young Life larger than you may have thought possible.
There are two types of Charitable Remainder Trusts:
  • Charitable Remainder Annuity Trust (CRAT)
  • Charitable Remainder Unitrust (CRUT)
Find the details and the differences between each type of Charitable Remainder Trust.

Have Questions?
For information or questions related to lifetime income gifts, please contact Jeff Rudder at (800) 813-1945.