Charitable Gift Annuity
This is a special giving arrangement where, in return for an irrevocable gift of $10,000 or more, MOWSF provides guaranteed, fixed payments to you and/or another person for the rest of your lives. The rate of your payments is based on your age when the gift is made and will not change. A portion of your annuity payments may be tax-free, depending on the specifics of the gift. A charitable gift annuity also entitles you to an income tax charitable deduction and may provide capital gains and estate tax benefits. After your lifetime, the remainder of your gift will support the work of MOWSF to provide meals to San Francisco’s homebound seniors.
Charitable Remainder Trust
To participate in this program, an irrevocable gift of $100,000 or more is made to establish a trust fund in your name. All donors qualify for an income tax charitable deduction. If you make your gift with appreciated securities, you may avoid the capital gains tax. With a charitable remainder unitrust, your payment rate is fixed, but the amount fluctuates based on the value of the trust each year. With a charitable remainder annuity trust, your payment amount is fixed or more and does not fluctuate through time. In both trusts, the income is taxed as ordinary income to you. Most importantly, you have established a legacy for MOWSF to provide home delivered meals, nutrition counseling, social work and essential items necessary for seniors to live safely in their home.
Charitable remainder trusts may be customized to meet your personal and family objectives, particularly if you want to provide for a friend or family member during or after your life.