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