Gifts that Generate Income
A charitable gift annuity provides fixed payments to you or others you name for life in exchange for your gift of cash or securities.
A deferred gift annuity provides fixed payments to you or others you name for life in exchange for your gift of cash or securities. The payments start on a date you choose that is at least one year after you make the gift.
A charitable remainder annuity trust can provide a dependable income for life while making a significant gift to Bennington College.
A charitable remainder unitrust can help you maintain or increase your income while making a significant gift to Bennington College. The charitable remainder unitrust is highly flexible. You can easily make gifts of assets that are not easily converted to cash using the unitrust. If your unitrust grows, your payments will grow too, providing a potential hedge against inflation.
A flip unitrust can be an excellent way for you to give an asset that may take time to sell and receive substantial payments for life once the flip unitrust sells your asset. You might also be interested in using a flip unitrust to make a gift now that will supplement your income in the future, such as when you retire.