Life income gifts allow you to give and help reach people with the Gospel and receive income for life! It’s a wonderful opportunity, particularly if you’re concerned about having enough retirement income.
You can establish a life income gift by making a gift of cash, stocks, and other non-cash assets to SAT-7. In exchange, you’ll receive an immediate tax deduction and then ongoing payments for life for you and your loved ones — most of it tax-free. When you no longer need the income, the remainder of the gift will go to SAT-7 to reach people with the Gospel.
You help reach people with the Gospel in the Middle East and North Africa while securing income payments for life or a designated number of years – most of it tax-free.
Receive an immediate tax deduction at the time of your gift and reduce capital gains tax when funding your gift with appreciated assets.
Give assets you no longer need or care to manage (such as rental property or vacation homes) to reach people with the Gospel. Our professional planned giving partners will help plan and manage asset transfers and sales.
Life income gifts pay higher rates than money market accounts.
There are two common types of life income gifts: Charitable Gift Annuity (CGA) and a Charitable Remainder Trust (CRT). To learn more about these life-income gift options, download the free copy of Gifts that Pay You Income.
Life income gift payments depend on a number of factors, including your age and the type of life income agreement you chose. To learn more about which life agreement might be best for you and get a proposal to show the income you would receive, please connect personally with John Frick, SAT-7 Vice President of Development.
The financial content provided on sat7usa.org is educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.
In 2023, at least 82% of your gift went directly to fund programs building up women, children, and families across the Middle East. Functional expenses (all entities).
