Gifts That Give You Income for Life
Planned Parenthood offers a comprehensive planned giving program. Our staff works with donors and their advisors on many special ways of giving.
If you would benefit from:
payments for the rest of your life
an income tax charitable deduction, and
a reduction in capital gains tax
and, if you would like to make a gift that will create a legacy for the future of Planned Parenthood of Greater Iowa (PPGI), please review the gift options below.
Charitable gift annuities
Charitable remainder trusts
Pooled income fund
Charitable Gift Annuities
A charitable gift annuity is a special giving arrangement in which, in return for a gift of $5,000 or more (or $10,000 for two annuitants), Planned Parenthood provides guaranteed, fixed payments to you and/or another person for the rest of your lives. The rate of your payments is based on your age when the gift is made and will not change. A portion of your annuity payments may be tax-free, depending on the specifics of the gift. A charitable gift annuity also entitles you to partial income tax charitable deduction and may provide capital gains and estate tax benefits. After your lifetime, the remainder of your gift will support the work of PPGI.
Example
Donor: One person, age 75
Amount of Gift: $20,000
Annuity Rate: 7.1%
Annual Annuity Payments: $1,420/year for the rest of her lifetime
Income tax charitable deduction: approximately $9,498.40
Figures are based on a gift made in July 2006. Planned Parenthood uses the annuity rates adopted by the American Council on Gift Annuities.
Our staff can prepare personalized, confidential gift examples for you. If you would like more information, please contact us.
Charitable Remainder Trusts
To be part of the Planned Parenthood Charitable Remainder Trust Program, you would make an irrevocable gift of $100,000 or more to establish a distinct trust fund in your name. All donors qualify for an income tax charitable deduction. If you make your gift with appreciated securities, you avoid the capital gains tax on long-term appreciation. Charitable remainder trusts may be customized to meet your personal and family objectives, particularly if you want to provide for a friend or family member during or after your life.
Example
Donor: Two people, age 65
Amount of Gift: $100,000
Income Tax Charitable Deduction: approximately $35,397
Type of Gift: Appreciated stock
Payment Rate: 5%
First Year's Income: $5,000 in year one. For subsequent years, income is based on an annual revaluation, and income can increase or decrease. Our staff can prepare personalized, confidential gift examples for you. If you would like more information, please contact us.
Pooled Income Fund
To participate in the Planned Parenthood Pooled Income Fund, you would make an irrevocable gift of $5,000 or more, in return for shares in the fund. Your gift and that of others is invested in the Pooled Income Fund for the duration of your life. You will receive the income earned by the fund in proportion to the number of shares you own. All donors qualify for an income tax charitable deduction. If you make your gift with appreciated securities, you avoid the capital gains tax. Your annual income will fluctuate based on the fund performance. The income is taxed as ordinary income to you. Most importantly, you have established a legacy for PPGI.
Example
Donor: One person, age 60
Amount of Gift: $10,000
Income Tax Charitable Deduction: approximately $5,178.30
Payment Rate: Variable, based on earnings
First Year's Income: $350 estimated, income can increase (or decrease) in future years.
Our staff can prepare personalized, confidential gift examples for you. If you would like more information, please contact us.
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