You may want to make a gift to Ontario Christian Schools, while retaining a source of income for the future. By establishing a charitable gift annuity or a charitable remainder annuity trust, you can assure yourself of a fixed amount of income for the rest of your life. Establishing a charitable remainder unitrust or contributing to the pooled income fund will generate a variable income payment for you. Ultimately, the principal used to generate income through any of these gifts will benefit Ontario Christian Schools.
If you would like to establish a trust or an annuity with Ontario Christian Schools but do not need the income immediately, you may choose to defer receiving the income for a period of time. You may want to begin receiving income when your children reach college age or when you are ready to retire. The income, whether fixed or variable, may be paid to you, your spouse, your children, your parents, or anyone else you name.