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Charitable Gift Annuity

Are you tired of living at the mercy of the fluctuating stock market? Or maybe you want to create a reliable stream income for you or a loved one in your retirement? A charitable gift annuity is a gift made to our organization that can provide you with a secure source of fixed payments for life.

Benefits of a charitable gift annuity

  • Receive fixed payments to you or another annuitant you designate for life
  • Receive a charitable income tax deduction for the charitable gift portion of the annuity
  • Benefit from payments that may be partially tax-free
  • Further the charitable work of University of Dayton with your gift

How a charitable gift annuity works

A charitable gift annuity is a simple contract between you and University of Dayton. Here is how it works:

  1. You transfer stock, cash, or other property to University of Dayton.
  2. In exchange, we sign an annuity contract and promise to pay fixed payments to you for life. The payment can be quite high depending on your age, and a portion of each payment may even be tax-free.
  3. You will receive a charitable income tax deduction for the gift portion of the annuity.
  4. You also receive satisfaction, knowing that you will be helping further our mission and our students.

Please know that the ability of UD to make a gift annuity may be affected by the laws of the state in which you live and your age at the time of the gift.

Flowchart: Donor funds a charitable gift annuity with stock or cash. The donor (or someone they choose) receives fixed gift annuity payouts and the UD receives the remainder after all payouts have been made

If you decide to fund your gift annuity with cash, a significant portion of the annuity payment will be tax-free. You may also make a gift of appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax. Please contact us to inquire about other assets that you might be able to use to fund a charitable gift annuity.

How to fund a gift annuity:

  1. Stock or Mutual Funds. If you have stock or mutual funds that have grown a lot in value over time, you can transfer those stocks directly to UD to make a gift annuity. Doing this may give you a stream of new income that is larger than the dividends that you may receive, can allow you to avoid paying capital gains taxes, and you may receive charitable income tax deduction all at the same time.
  2. Cash. You can write a check to start a gift annuity at UD. Writing a check is an easy way to start a gift annuity and you can receive a charitable income tax deduction for your gift.

Contact us

If you have any questions about charitable gift annuities, please contact us. We would be happy to assist you and answer your questions.

Did you know that you can choose when you start receiving payments from a gift annuity?

Current charitable gift annuity (payments begin within one year). With a current gift annuity, you may transfer cash or property in exchange for our promise to pay you fixed payments beginning as early as this year. You will receive an income tax charitable deduction this year for the value of your gift to University of Dayton.

Deferred charitable gift annuity (for payments at future date). Perhaps you are not ready to begin receiving payments until a future date, such as when you retire. With a deferred gift annuity, you establish the gift annuity today, receive a charitable income tax deduction this year, but defer the payments until a designated date sometime in the future. Best of all, because you deferred the payments, your annual payment will be higher when the payments start than they would have been with a current gift annuity.

Flexible deferred charitable gift annuity (gives you flexibility as to when the payments will start). With a flexible deferred gift annuity, you retain the flexibility to decide when the annuity will begin making payments. As with a deferred gift annuity, you establish the annuity today and receive a charitable deduction this year, but the payments are deferred until such time as you elect to begin receiving the payments.

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University Advancement

1700 South Patterson
Building 5th Floor
300 College Park
Dayton, Ohio 45469 - 7053
937-229-4484
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