Legacy Giving

Charitable Gift Annuity

Through a charitable gift annuity, you may make a gift of $50,000 or more to Brigade, receive a charitable income tax deduction, and an income for life for you and/or another person. This option provides the greatest financial benefit to older donors because they receive the highest income rates. For example, an annuity established for the life of a single beneficiary aged 70 earns a rate of 6.7 percent; an 80-year-old, 8.3 percent; and 90 years and over, 11.5 percent.

Charitable Remainder Trust

The charitable remainder trust is a separately managed and highly personalized life income option. This vehicle provides for payments to the beneficiaries either for life or a term of years (not exceeding twenty). At death, or at the end of the term, the remaining trust assets (the remainder interest) are distributed to Brigade. In creating the trust, you, the donor, are able to appoint the trustee, designate the beneficiary and select the term of the trust. The rate may not be less than 5 percent, however, as the payout rate increases, the charitable income tax deduction to the donor decreases. The amount of the tax deduction is also affected by the number of beneficiaries and their ages.

Other Planned Gifts

For further information on any of these or other types of planned gifts, e.g. real estate, life insurance, charitable lead trusts, or more, please call Brigade at (920) 725-3983.