Gifts that Pay You Income

Gifts that Pay You Income

You can receive income for life while you leave a legacy of hope for cancer patients turning to Moffitt from across the globe.

If you are considering this type of gift, we recommend that you consult with your financial advisor and a gift planner at the Moffitt Foundation.

You can transfer money to a charitable gift annuity and receive income for life.

This plan allows you to give a substantial donation to Moffitt while receiving tax-favorable income for life. Charitable gift annuities offer attractive payout rates for those who want to transform cancer care for generations to come.

Benefits to you:

  • Payments can be made as you prefer on an annual, quarterly, or monthly basis.
  • A portion of the payout will be tax-free.
  • Receive an immediate tax deduction for a portion of your gift.
  • Your remainder gift passes to Moffitt outside of the estate process.
You can receive income for life and reduce your taxes while supporting the Moffitt Foundation by transferring cash or assets to fund the trust. Not only does this pay income to you or your beneficiaries for life, but you also receive an income tax deduction the year you transfer assets to the trust. The remaining portion of the trust, after all payments have been made, goes to the Moffitt Foundation to fund cancer research and patient care.

Benefits to you:

  • Receive income for life for you or your heirs.
  • Receive a charitable income tax deduction for the charitable portion of the trust.
  • Create your lasting legacy of lifesaving care and innovative treatments for millions of Americans who will be diagnosed with cancer in years to come.

Please contact Mandy Donohue, Associate Director of Planned Giving, at PlannedGiving@Moffitt.org or 800-456-3434 ext. 1403 if you have any questions.