Gifts That Pay You Income

UPSTATE NEW YORK, NEAR THE TOWN OF DRYDEN
(CHRIS JORDAN-BLOCH / EARTHJUSTICE)

You can generate income for yourself and a loved one, all while ensuring our work to defend a healthy environment for future generations.

If you’re considering one of these gifts, we recommend consulting with Earthjustice and your financial partner to select the gift that’s right for you.

(Click infographic to view larger)

Charitable Gift Annuities

Charitable Gift Annuities (CGAs) are a great way to support Earthjustice while generating income for yourself and your family. 

You can donate cash or securities worth $10,000 or more to Earthjustice and receive fixed annual payments for life in return. Many supporters like charitable gift annuities because of their attractive payout rates and their significant impact.

Benefits to you include the following:

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Your Payment will Never Change
You will receive fixed annual payments for the rest of your life.
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You May be Able to Reduce Your Tax Burden
You may be eligible for an income tax deduction for the year you make your donation.
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Provide Financial Security
Gift annuities are an ideal way to provide financial security for you and a loved one.
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Avoid Some Capital Gains Tax
You may avoid some capital gains tax when you use appreciated stock to fund your gift annuity.

Sample Payment Rates

Age Rate
90+ 8.6%
85 7.6%
80 6.5%
75 5.4%
70 4.7%
65 4.2%

* Rates as of July 1, 2020. Based on one beneficiary. Your rate will never change once your gift annuity is established. Contact us for ages/rates not shown here.

View Examples

Immediate Payment Gift Annuity:
If Helen, age 70, establishes a $50,000 charitable gift annuity with Earthjustice, her payment rate will be 4.7%. She will receive an annual payment of $2,350 – for the rest of her life!

In addition, she can save on taxes two ways. She is eligible for a charitable income tax deduction of about $18,918. And, if she funds her gift with stock with a low-cost basis, a portion of her capital gain will never be taxed.

Deferred Gift Annuity:
If you don’t need the income immediately or you have not reached age 65, you can schedule payments to begin at least one year after your donation or once you reach age 65. The longer the deferral period, the higher your payment rate.

Jane, age 63, has had a successful career. In fact, she loves it so much that she plans to continue working until she's 70. At that time, she will welcome the additional income from a $75,000 Earthjustice gift annuity.

Jane's payment rate at age 70 will be 5.6% and her fixed annual payment will be $4,200, a nice supplement to her retirement income. A portion of her payment will be tax-free and she will be eligible for an immediate income tax deduction of about $28,562.

Charitable Remainder Trusts

You can donate cash or appreciated assets to Earthjustice and receive payments for life, or for a fixed number of years, in return.

Benefits to you include the following:

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Avoid Paying Capital Gains

You avoid paying capital gains taxes on sales of appreciated assets.

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Convert the Full Value of Your Assets

You convert the full value of these assets into a lifetime income stream.

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Create Your Legacy

You create your legacy of victories for the environment and human health.

View Example
Evelyn and Paul, both age 72, would like to increase their retirement income. Paul also wants to make sure that Evelyn has more than enough income to live on even if she needs long-term care someday. After discussions with Earthjustice staff and their advisors, Evelyn and Paul decided to create a 5% charitable remainder trust funded with $1 million in Paul’s highly appreciated company stock. Paul can rest assured knowing that Evelyn will have an additional $50,000 a year in retirement income. Additionally, they were able to remove $1 million from their taxable estate and avoid significant capital gains taxes.

At Your Service

Amid the COVID-19 pandemic our planned giving specialists are working remotely, as the San Francisco headquarters office will be closed until the county directive is lifted. Fortunately, our systems and technology enable us to sustain our work and partnerships during the temporary closures.

During this period, we encourage you to call us directly to discuss the best method for transferring funds to establish a charitable gift annuity at this time. Currently, wire and ACH transfers are preferred as mail processing is extremely limited.

We appreciate your patience and are grateful for your support. You can find more information about how Earthjustice is responding to COVID-19 here.

There is no obligation on your part to learn more. Earthjustice’s gift planning specialists will help you determine whether a gift annuity is right for you.

Please contact us to receive a free proposal customized to your objectives:

Julie Carlevaro, Estates & Planned Gifts Officer
legacy@earthjustice.org
(800) 584-6460

Complimentary Planning Resources

Learn more about creating your environmental legacy.

Hikers in Grand Gulch, Utah
(Steven GNAM)

Need assistance? We're here to help!

Robin Steele, Julie Carlevaro, Gabriel Rosenstein, John Calaway, Abigail Oduol, Elizabeth Hill, EddieJoe Cherbony (not pictured)

Robin Steele, Julie Carlevaro, Gabriel Rosenstein, John Calaway, Abigail Oduol, Elizabeth Hill, EddieJoe Cherbony (not pictured)

Planned Gifts Team

Earthjustice
800-584-6460
legacy@earthjustice.org 

This information is not intended as legal, accounting, or other professional advice. For assistance in planning your gift(s), please consult a lawyer and/or financial advisor for professional advice.