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Planned Giving: Gifts that Pay You Income

Planned Giving:
Gifts that Pay You Income

A gift to the NBCC can also have benefits for you and your loved ones. You can receive income for life while ensuring that the critical programs NBCC provides remain supported. If you are considering this type of gift, we recommend that you consult with your financial advisor and a gift planner at the NBCC.

CHARITABLE GIFT ANNUITY

• Transfer cash or securities to the NBCC.
• The NBCC pays you or up to two designees fixed income for life.
• You also receive an income tax deduction the year you transfer assets to the trust for the charitable portion of the trust.

CHARITABLE REMAINDER TRUST

• Transfer assets to a charitable gift annuity and receive income for life.
• Maximize your donation to the NBCC while receiving tax-favored income for life.
• Your gift bypasses the estate process.
• When the trust ends, the remaining funds are transferred to the NBCC.

Jesus said to him, “If you wish to be perfect, go, sell what you have and give to the poor, and you will have treasure in heaven. Then come, follow me.” MATTHEW 19:21

A DONOR’S STORY

Michael Coleman recently retired from his position in lay ministry. He wants to make sure his estate continues the focus of his ministry to Black Catholics in his parish and the surrounding community.

After consulting his financial advisor, Mr. Coleman created a $30,000 Charitable Gift Annuity, which will provide an income for him for the rest of his life. Based on his age, he will receive a payment rate of 3.9%, which means that he will receive $1170 each year for the remainder of his life. He is also eligible for a federal income tax charitable deduction. Upon his passing, the remaining funds will help the NBCC continue its programs that carry on his legacy of outreach to Black Catholics in need.

Explore Ways to Make Your Impact

GIFTS THAT IMPACT NOW
TAX-SMART STEWARDSHIP GIFTS
GIFTS THAT PAY YOU INCOME
GIFTS THAT REDUCE YOUR TAXES
GIFTS THAT IMPACT NOW
TAX-SMART STEWARDSHIP GIFTS
GIFTS THAT PAY YOU INCOME
GIFTS THAT REDUCE YOUR TAXES

Learn More

Would you like to receive more information from the NBCC about planned giving options? Please complete this information request form and a member of our Planned Giving Team will contact you soon.

The National Black Catholic Congress inc.

320 Cathedral St., Baltimore MD 21201
1.410.547.8496
nbcc@nbccongress.org

The National Black Catholic Congress Inc.
320 Cathedral St. Baltimore, MD 21201 | 410.547.8496
© 2025 All Rights Reserved

Designed by Fuzati
The National Black Catholic Congress Inc.
320 Cathedral St. Baltimore, MD 21201
410.547.8496
© 2025 All Rights Reserved

Designed by Fuzati
Habemus Papam

We have a Pope!


Image taken from Vatican News video.

Leo XIV is the new Pope.
The Conclave has elected Robert Francis Cardinal Prevost as the 267th Bishop of Rome and the first American Pope.
Click here to read the announcement from Vatican News.

Watch the Vatican Media Live broadcast (White smoke begins at -2:50:12).