Giving and Generating Income

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The gifts described below allow you to give to Lancaster Bible College while generating income for yourself and your family.

Charitable Gift Annuity

A charitable gift annuity is a way to make a gift to Lancaster Bible College, receive income for yourself or others and be entitled to a current income tax deduction for a portion of the assets given to fund the gift annuity. The new – and higher – annuity rates announced may make this gift a perfect fit for you.

Deferred Charitable Gift Annuity

A deferred gift annuity provides fixed payments to you for life in exchange for your gift of cash or securities. The payments start on a date you choose that is at least one year after you make the gift. If you are doing retirement income planning the new – and higher – annuity rates may make the deferred gift annuity the answer to your charitable and financial planning goals.

Charitable Remainder Annuity Trusts

Do you want to benefit from the tax savings that result from supporting Lancaster Bible College? A trust can reduce or even eliminate any gift or estate tax that might otherwise be due in your charitable donation to LBC.

Charitable Remainder Unitrust

A charitable remainder unitrust can help you maintain or increase your income while making a significant gift to Lancaster Bible College. If your unitrust grows, your payments will grow too, providing a hedge against inflation.

 

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