Charitable Gift AnnuityTransfer stocks, bonds, lump-sum cash, or mutual funds to HBPC. You receive income for life in return for your gift.
HBPC agrees to pay you or your beneficiary a fixed amount for life. You receive an immediate income tax deduction.
At the death of the last beneficiary, the remaining balance is transferred to HBPC. A portion of the payment that you receive will be tax-free.