Additional giving options
Consider these vehicles to help you satisfy your philanthropic goals
Consider leveraging one of these other giving strategies to help you address your financial and charitable goals. We encourage you to work with your financial advisor, as well as your legal and tax professionals, to coordinate the most appropriate charitable solution for your situation.
Charitable gift annuity
A charitable gift annuity is a simple contract between a donor and a charity. The donor makes a contribution of cash or marketable securities, and in exchange, the charity agrees to pay a fixed sum to designated annuitant(s) on an annual basis (annuity payments are generally based on rates determined by the American Council on Gift Annuities).
Upon the death of the last annuitant, the remaining balance may distribute in full to a charity of your choice or may be used to establish a donor advised fund to pay to one or more charities over time.
- Provides a lifetime of reliable annuity payments
- Easy to establish
- Allows you to change the charitable beneficiary
NOTE: Raymond James Charitable Gift Annuities are not available to donors residing in AL, AR, CA, HI, MD, ND, NJ, NY, WA or WI.
Pooled income fund
With a pooled income fund, we invest the money for you, with a focus on producing income while protecting the principal value of the account for charity. You may name up to two income beneficiaries to receive the lifetime of income that your gift will generate. You can name yourself and another person, or you can designate two people other than yourself.
Upon the death of the last income beneficiary, the principal goes to the charity of your choice or may be used to establish a donor advised fund to pay to one or more charities over time.
- A lifetime of income for two beneficiaries you name (one can be you)
- Protects the principal value for charity
- No startup costs
- An attorney is not needed
Charity advised account
Charity advised accounts provide charities with an alternative to establishing a supporting foundation. Raymond James Charitable can establish an endowment fund in your organization's name, professionally manage and invest contributions and protect the interests of your organization now and in the future.
Benefits for your organization:
- Contributions invested and professionally managed for long-term income
- Protects assets from creditor claims
- Inexpensive alternative to maintaining a separate legal entity
- Eliminates potential conflict of interest issues
Benefits for your donors:
- Immediate tax deduction
- Contributions professionally managed to extend legacy
To learn more, talk to your financial advisor. We recommend you work with your advisor alongside your legal and tax professionals to coordinate the most appropriate charitable solution for your situation.