How a Gift to the [pgm_gifttype] Works
- You irrevocably transfer cash, securities, or other property to the [pgm_gifttype].
- You receive a generous income tax deduction in the year of your gift. In addition, if you give securities or other property that have grown in value, you pay no capital gains tax.
- During its term, the [pgm_gifttype] pays the portion of its net income attributable to your gift to you or to anyone you name for life.
- When payments end, your share of the fund’s principal passes to [pgm_charshort]. You may designate how we use these funds.
[pgm_exampleforname]
This diagram shows the benefits if you give [pgm_propertydescription] to the [pgm_gifttype] that makes payments each year [pgm_duration].
In addition to providing generous support to [pgm_charshort], these benefits include a [pgm_ded] income tax charitable [pgm_capgainbenefit] approximately [pgm_income] in payments the first year. Future payment amounts will depend on fund income.