Once the gift is made, Angelwish directly assumes the obligation to make the payments. Gift annuities can be immediate, where the payments begin at the time the gift is made, or deferred, where the payments begin at a future date determined by the donor. The Pooled Income Fund is a charitable trust established by Angelwish to accept gifts from many donors. Because part of the portfolio for the Fund is invested for growth, this plan offers the potential for growth in both the income stream and the future gift to Angelwish. A Charitable Remainder Trust is a trust established by the donor to hold and invest assets.
All donations are tax deductible to the full extent of the law.