Guide to Giving

The Charitable Gift Annuity—Deferred Payment

< Life-Income Gifts

Detailed Description

How Does It Work

  1. Transfer cash or other property to Indiana University

  2. Indiana University guarantees to make lifetime payments for up to two annuitants beginning at a future date of your choosing

Benefits

  • Guaranteed payments for life that are favorably taxed

    1. When gift is funded with cash, part of payment will be tax-free

    2. When gift is funded with appreciated property, part will be taxed as capital gain, part will be tax-free, and part will be taxed as ordinary income

  • Federal income-tax deduction for a portion of your gift

  • Gift will provide generous support for Indiana University

 

< Life-Income Gifts