Life Income

A life income gift helps you improve the quality of life for patients by donating to Covenant Foundation through a trust or annuity. In return, you’ll receive tax savings and regular payments.

With a minimum donation of $10,000, you can help us provide the latest medicines, treatments and technological advances for our patients. You could also reduce your estate and capital gains taxes.

Other possible benefits include:

1. A higher yield than those from current investments
2. The opportunity to establish an endowed fund in your name or the name of a loved one
3. A charitable income tax deduction
4. Membership in a leadership club

Life income donation options include:

1. A charitable gift annuity —Make a gift to Covenant. Receive payments for life, part of which are nontaxable.
2. A deferred gift annuity —Like a charitable gift annuity, except payments are deferred to a future date. Receive an income tax deduction the year the gift is made.
3. Charitable remainder trust —Choose from an annuity trust, which will pay a fixed, guaranteed dollar amount to the donor regardless of investment performance, or a unitrust, which pays a predetermined percentage of the fair market value of the trust’s annual assets.

Give. Donate . Volunteer . Explore our site by using the navigation on your right and discover all of the ways you can help. To make a donation, or for more information, contact us or call 806.725.6089 today.