Gifts That Pay You Income
You can help generate funds for Nicklaus Children’s Hospital’s pioneering pediatric care while earning an income from your gift.
Explore special opportunities in our free brochure, Gifts That Pay You Income, along with other complimentary planning resources—just a click away!
Charitable Gift Annuities
Charitable gift annuities (CGAs) offer a secure, fixed payment stream for yourself and/or a loved one for your lifetime(s). You will also receive tax benefits and the satisfaction of creating a lasting legacy through Nicklaus Children’s Hospital Foundation.
How it works:
- You donate cash or appreciated securities worth $25,000 or more to Nicklaus Children’s Hospital Foundation. In return, you and/or another beneficiary will receive fixed payments for life.
- Your payment rate is based on your age (payments start at age 65 or later) and will never change.
- A portion of your payments will be tax-free.
- The older you are — or the longer you defer starting your payment — the higher your payments will be.
Benefits to you include:
- Lifetime payments that will never change.
- Capital gains tax savings when you fund your CGA using appreciated stock.
- You are eligible for an immediate charitable income tax deduction.
- Your gift passes to Nicklaus Children’s Hospital Foundation outside of the estate process.
- You create your legacy of ensuring every child receives the care they need, when they need it most.
Charitable Remainder Trusts
A Charitable Remainder Trust (CRT) is a tax-free trust that pays you and/or other beneficiaries an annual distribution. This payment is either a percentage of the annual value of the trust, or a percentage of the original gift amount.
How it works:
- You transfer cash or an appreciated asset* into an irrevocable trust.
- The trustee then sells the asset, paying no capital gains tax, and reinvests the proceeds.
- For the rest of your life (or a term of years), you and/or another beneficiary receive payments from the trust.
- After your lifetime, the remaining principal is used to support the mission of Nicklaus Children’s Hospital Foundation.
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 putting kids first by meeting the urgent needs of the hospital.
*While donating real estate is the most common way to fund a charitable trust, a wide variety of assets can be used, including cash, appreciated publicly traded or closely held stock, as well as oil, gas or mineral interests.
See Your Impact
Nicolas and his family searched for help and answers in Colombia, and after multiple opinions he was diagnosed with spinal muscular atrophy type 2 (SMA2). If continued untreated, he may lose the use of some muscles. Thankfully, Nicolas was able to visit Nicklaus Children’s for care. Click below to read more and watch a moving video about Nicolas’ story.
Our Team is Here to Help
Our experienced team is here to help you…
- Learn about special projects that align with your interests.
- Structure a donation that maximizes benefits for you and your loved ones.
- Stay up to date on how your gift is used.
- And more!