Contact

Melanie Zauel
Senior Director, Planned Giving & Leadership Gifts
Michigan Engineering
Office of Advancement
(734) 647-7093
2105 LEC
Charitable Gift Annuity
How it Works
A charitable gift annuity is established with a simple contract between the donor and the University of Michigan. In exchange for a minimum gift of $10,000, the University of Michigan agrees to pay a fixed amount each year to one or two beneficiaries (annuitants) for life. When the donor dies, the gift benefits a purpose previously determined by the donor.
Potential Benefits
- Receive fixed annual payments for life
- A portion of the annual payments may be tax-free
- Receive a charitable tax deduction for a portion of the gift
- Reduce or eliminate estate taxes
- May avoid capital gains tax, if funded with appreciated securities
- Donor may choose to defer payments until a later date
This Might Interest You if You…
- Are interested in receiving an income now or in the future
- May have highly-appreciated, low-yielding assets
- Are interested in receiving a charitable tax deduction now
How to Get Started
- Discuss this option with your financial advisor
- Contact Melanie Zauel to receive more information or a personalized illustration
- Read more about Charitable Gift Annuities