A web-based tool facilitates the estimation of fixed payments received in exchange for a charitable contribution. For example, an individual considering donating a lump sum to a non-profit organization can use this tool to project the potential annual income stream generated by that donation. The tool typically requires inputs such as the donor’s age, the amount of the contribution, and the applicable payout rate.
This estimation process empowers informed philanthropic decision-making. Donors can assess the financial implications of their generosity, balancing charitable goals with personal financial needs. Historically, calculating these payments required complex actuarial tables and manual calculations. Modern tools automate this process, making it readily accessible and enabling greater transparency in charitable giving.
