Life Income Plans

If you would like to donate funds to support the Masonic Home residents, but need the current income from your assets, consider a Life Income Plan.

Masonic Annuity

This popular plan pays you lifetime income at a fixed rate based on your age.  When you die, the remaining funds come to the Foundation and are used for charitable purposes in caring for the Masonic Home residents.  You receive a charitable deduction now, and part of your future income is exempt from Federal income tax.  Double life annuities, paying two beneficiaries through their joint lifetimes, are also available.

American Council on Gift Annuities Single Rates

American Council on Gift Annuities Joint Rates

Charitable Remainder Trust

You can establish a trust to benefit you for either a term of years or for your lifetime.  If you choose, the trust can pay income to other beneficiaries also.  Income can be based on a fixed rate with an annuity trust, or can vary depending on the trust's investment return with a unitrust.  At the end of the term, the remaining funds are used to benefit the Masonic Home residents.  For this reason, you are entitled to substantial income, capital gains and estate tax benefits.