| |
Charitable
Gift Annuity |
Charitable
Remainder Unitrust |
Charitable
Remainder Annuity Trust |
Pooled
Life Income Fund |
| Gifts used to create plan |
Generally
cash & publicly traded securities |
Cash,
securities, real estate, property |
Generally
cash & publicly traded securities |
Cash & publicly
traded securities |
|
Income tax deduction |
Dependent
on beneficiary age(s); IRS discount rate |
Dependent
on length of trust and IRS discount rate |
Dependent
on beneficiary age(s), Fund return rate |
|
Payout percentage |
Based
on age(s) from ACGA rate schedule |
By
law, between 5-50%
(St. Lawrence averages 5-6%) |
Pro
rata share of the income earned by the Fund |
| Fixed
or variable income |
Fixed |
Variable |
Fixed |
Variable |
| Payment frequency |
Monthly,
quarterly, semiannual or annual |
Quarterly |
| Taxation of income |
May
include ordinary, capital gain and tax-free |
May
include ordinary, capital gain, tax-exempt and
tax-free |
Ordinary |
|
Investment of funds |
In
accordance with NYS law |
In
accordance with terms of trust and law |
Discretion
of St. Lawrence in accordance with law |
| Investment manager |
State
Street Global Advisors |
|
Beneficiaries |
1
or 2 individuals |
Donor
and/or others named in trust document |
Donor
and/or others named in agreement |
| Is gift revocable? |
No |
No |
No |
No |
|
Potential benefits to donor |
Plan
a gift to St. Lawrence and receive income; join
the Manley Society; generate a charitable deduction;
save capital gains tax; no cost to create; guaranteed,
fixed income; tax-free income depending on funding
asset used; increase income; save estate tax |
Plan
a gift to St. Lawrence and receive income; join
the Manley Society; generate a charitable deduction;
variable income; increased income; save capital
gains tax; save estate tax |
Plan
a gift to St. Lawrence and receive income; join
the Manley Society; generate a charitable deduction;
stable income; increased income; save capital
gains tax; save estate tax |
Plan
a gift to St. Lawrence and receive income; join
the Manley Society; generate a charitable deduction;
variable income; increased income; save capital
gains tax; save estate tax |
| Benefits to St. Lawrence |
St.
Lawrence can thank you now for your gift; St.
Lawrence can plan the use of your gift with you;
St. Lawrence can encourage others to consider
similar gifts |
