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It is possible to make a gift to the Loan Fund and receive
an income stream for the rest of your life. There are many
types of planned gifts. Nearly all share the following characteristics:
- Increased income to the donor
- Avoidance of up-front capital gains taxes when appreciated assets are used
- A charitable income tax deduction for a portion of the gift
- Avoidance of estate taxes
- The opportunity to make a significant, permanent gift to support the ongoing work of the Loan Fund
Note that life income gifts provide an immediate income tax deduction for a portion of the gift. (That exact percentage depends upon the age of the income beneficiaries, the type of gift involved, the rate of return, and market conditions.)
For more information on life income gifts through the New Hampshire Community Loan Fund, contact Alan Cantor, Vice President, Philanthropy, 603-224-6669 ext. 254, acantor@nhclf.org. He can speak confidentially about your situation and help you explore the best options for you.
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