Did you know that we can help you make a gift that supports the Pennsylvania SPCA, but also satisfies long-term financial benefits for you and your family?
Significant tax advantages can be associated with income-producing gifts, such as an immediate charitable income tax deduction, an avoidance of immediate capital gains taxes upon the sale of appreciated assets and eventually estate tax savings.
Contact our office for more information on the following gift options that also produce income:
Charitable Gift Annuity
Of all the gifts that pay you back, the charitable gift annuity is the simplest and most popular. The gift agreement is a simple contract between you and the Pennsylvania SPCA. You make a gift of cash, real estate, stocks or bonds to the PSPCA, and, in return, we agree to make fixed payments to you (or another beneficiary) for life. Additionally, you receive an immediate charitable income tax deduction. At your death, we apply the balance of the gift annuity to the PSPCA.
Deferred Charitable Gift Annuity
You can choose to defer receiving fixed income payments until a future date, thereby eventually receiving higher payments. Either way, the charitable income tax deduction is immediate. Rates vary based on the age, number of beneficiaries and timing of payments.
Charitable Remainder Unitrust
The most flexible life-income plan, a charitable remainder unitrust (CRUT) is a powerful vehicle that benefits yourself, your heirs and the Pennsylvania SPCA. You can use various assets to fund a CRUT, including cash, publicly traded stocks and bonds, closely held stock and real estate. A CRUT is separately managed and invested and is re-valued annually. It pays a percentage of its principal to you (and/or other income beneficiaries) for life or for a term of years (up to a maximum of 20). You receive a charitable income tax deduction for a portion of the value of the assets you place in the CRUT. When the CRUT terminates, the remainder is distributed to the PSPCA.
The PSPCA encourages you to discuss all giving options with your financial advisor. For more information, or to request a personalized illustration, please contact us: