Office of Development : Life Income Gifts
Life income gifts serve a dual purpose: They provide philanthropic support for Hampton while also providing both a charitable income tax deduction and an income stream to you and/or your loved ones.
These gift vehicles can provide income benefits comparable to—or in some cases exceeding—those that might be earned in non-charitable vehicles. Many donors establish life income gifts with assets that are producing a very small amount of income, such as cash or appreciated stocks that do not earn dividends.
Hampton offers four basic types of life income gifts:
The first two options are by far the most common types of life income gifts. Some donors establish life income gifts through their wills as a means of providing a life income to a loved one.