Gifts that Pay You Income | UnitedHealthcare Children's Foundation

Gifts that Pay You Income

Gifts that pay you income

Charitable gift annuities mean you transfer cash or securities to UHCCF and the Foundation then pays you, or up to two annuitants you name, a lifetime annuity. The principal passes to the Foundation when the contract ends. Charitable gift annuities are a good way to provide support to children and families if you:

  • Want to receive fixed payments for life that will not fluctuate.
  • Have assets that would be advantageous to give away during your lifetime, such as cash or funds earning low interest rates, or appreciated securities.
  • Want to reduce your current income taxes with an income tax charitable deduction.

Charitable remainder trusts allow you to irrevocably transfer assets, and you and/or your beneficiaries receive payments from the trust for life (or another time period of your choice). The remainder of the trust would then go to UHCCF. A charitable remainder trust gives you:

  • Potential for a partial charitable income tax deduction
  • Potential for increased income
  • Up-front capital gains tax avoidance