Gifts That Pay You Income — Catholic Extension

Gifts That Pay You Income

Transform Communities with a Gift that Gives Back

You can receive fixed payouts for life and help Catholic Extension to continue strengthening poor faith communities for years to come.

If you are thinking about this type of gift, we recommend consulting with your financial advisor and with Catholic Extension to select an option that is right for you. At Catholic Extension, please contact Betty Assell, Manager of Annuities, at BAssell@catholicextension.org or 312-795-6089.

Charitable Gift Annuities

Charitable Gift Annuities (CGAs) are a great way to make a lasting difference for isolated and under-resourced Catholic faith communities while receiving tax-favorable income for you, your spouse and your children. Many supporters like charitable gift annuities because of their attractive payout rates and their significant impact.

Benefits to you include:

  • Payments can be made as you prefer on an annual, quarterly or monthly basis.
  • A portion of the payout will be tax-free.
  • You receive an immediate tax receipt for a portion of your gift.
  • Your gift passes to Catholic Extension outside of the estate process.
  • You create your legacy of strengthening Catholic faith communities.

Charitable Remainder Trusts

Income for life for you and your family while reducing your taxes and supporting Catholic Extension.

By using assets or cash to fund the trust, you receive income and an income tax credit the year in which you transfer your assets. The remaining portion of the trust, after all payments have been made, comes to Catholic Extension.

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 your legacy of strengthening Catholic faith communities.

Calculate Your Impact

We have a Gift Calculator that helps put these types of gifts into perspective! Generate a personalized example of your possible charitable gift annuity or charitable remainder trust.

Complimentary Gift Planning Resources are Just a Click Away!