Gifts That Pay You Income
You can support and cultivate a humane community that will ensure a better future for animals while earning an income from your gift.
Charitable Gift Annuities
Charitable gift annuities (CGAs) offer a secure, fixed payment stream for yourself and/or a loved one for your lifetime(s). You will also receive tax benefits and the satisfaction of creating a lasting legacy through Lollypop Farm.
How it works:
- You donate cash or appreciated securities worth $20,000 or more to Lollypop Farm. In return, you and/or another beneficiary will receive fixed payments for life.
- Your payment rate is based on your age (payments start at age 55 or later) and will never change.
- A portion of your payments will be tax-free.
- The older you are — or the longer you defer starting your payment — the higher your payments will be.
Benefits to you include
Lifetime payments that will never change.
Capital gains tax savings when you fund your CGA using appreciated stock.
You are eligible for an immediate charitable income tax deduction.
Your gift passes to Lollypop Farm outside of the estate process.
You create your legacy of compassion towards those in need by educating our current and future pet owners in animal care.
Charitable Remainder Trusts
A Charitable Remainder Trust (CRT) is a tax-free trust that pays you and/or other beneficiaries an annual distribution. This payment is either a percentage of the annual value of the trust, or a percentage of the original gift amount.
How it works:
- You transfer cash or an appreciated asset* into an irrevocable trust.
- The trustee then sells the asset, paying no capital gains tax, and reinvests the proceeds.
- For the rest of your life (or a term of years), you and/or another beneficiary receive payments from the trust.
- After your lifetime, the remaining principal is used to support the mission of Lollypop Farm.
Benefits to you include
You receive income for life for you or your heirs.
You receive a charitable income tax credit for the charitable portion of the trust.
You create a legacy of compassion for animals in need.
Complimentary planning resources are just a click away!
Learn more about easy ways to leave a legacy with our free guides!
