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Gifts That Pay You Back

Some planned gifts not only support the mission of MJHS Foundation but also provide income back to you or your loved ones during your lifetime. These are called life income gifts, or “gifts that pay you back.” They allow you to make a meaningful commitment to compassionate care while receiving financial benefits in return.

With this type of gift, you transfer assets—such as cash, securities, or other property—to create an arrangement that provides you with regular income payments. At the end of the gift term, the remaining balance goes to MJHS Foundation to support programs and services that bring dignity, comfort, and care to patients and families.

Two examples of life income gifts are Charitable Gift Annuities and Charitable Remainder Trusts.

Charitable Gift Annuities (CGAs)

A charitable gift annuity (CGA) is a simple agreement between you and MJHS Foundation. In exchange for your gift, you receive fixed income payments for life.

How it works:

  • You make a gift of cash or securities to MJHS Foundation.
  • In return, you receive guaranteed, regular payments for life.
  • After your lifetime, the remaining balance supports MJHS programs and services.

Charitable Remainder Trusts (CRTs)

If you’ve built a sizable estate and are looking to receive a reliable income, consider a Charitable Remainder Trust (CRT). This type of trust allows you to make a gift of assets—such as cash, securities, or property—while providing annual income to you or other named individuals for life or for a term of up to 20 years. At the end of the trust term, the remaining balance is donated to MJHS Foundation to support its mission of compassionate care.

These types of gifts may offer valuable tax benefits along with the option to receive income. There are two primary ways to structure your payments, each with distinct advantages:

  • Annuity Trust: Provides a fixed annual dollar amount determined at the outset. Your payments remain consistent, regardless of changes in the trust’s investment performance.
  • Unitrust: Pays you a variable annual amount based on a fixed percentage of the trust’s fair market value. The payment amount is recalculated each year—if the trust’s value increases, your payments rise; if it decreases, your payments will adjust accordingly.

How it works:

  • Transfer assets—such as cash, securities, or real estate—into a Charitable Remainder Trust.
  • The trust provides regular income payments to you or your chosen beneficiaries.
  • After the trust term ends, the remaining assets are donated to MJHS Foundation to support compassionate care.

A life income gift can make a lasting difference—supporting comfort, dignity, and care for generations to come.

Be Part of Something Bigger

Donors who make a planned gift, such as a beneficiary designation, are also recognized as part of our Sustainers Society, a special community of supporters whose generosity ensures compassionate care for generations to come. To make a Life Income Gift and join the Sustainers Society, please contact Chinwe Egonu at cegonu@mjhs.org.

Important Note

MJHS Foundation does not intend to provide financial or legal advice. This information is for educational purposes only. It is always advisable to consult your lawyer or financial advisor before making a Life Income Gift or considering any other planned giving option.