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With careful planning, you can receive an immediate income tax deduction and provide yourself or another with an annual income while supporting the University of Washington in a way that is meaningful to you.
A charitable gift annuity is generally easy to establish and will provide you with a current federal income tax charitable deduction as well as possible estate tax savings. It is a simple contract between you and the University. Under the contract, you make a gift of cash, securities or other assets in exchange for the University's promise to pay fixed annual payments to you and/or another designated annuitant for life. The annuity amount paid to you or the other annuitant is negotiated between you and the University and is based upon the amount of the gift, the number of annuitants, and the annuitants' ages at the time you create the annuity.
A charitable gift annuity provides you or anyone you designate with a fixed annual income for life in exchange for your contribution of cash, stocks, or bonds. More...
- View Charitable Gift Annuity brochure (132k pdf)
- Gift Calculator
- Request more information on Charitable Gift Annuities
A charitable remainder trust is an agreement between you and a trustee -often the University. You receive annual payments from the trust, and at the end of the trust's term, the University uses the assets remaining in the trust to support the purpose you designate. More...
- View Charitable Remainder Trust brochure (174k pdf)
- Gift Calculator
- Request more information on Charitable Remainder Trusts
A charitable trust is created when you and the trustee (often the University) sign an agreement establishing the terms of the trust and you transfer property to the trustee to fund the trust. The payout rate of the trust is negotiated between the gift palnning staff and the donors, taking into consideration the age of the beneficiary(ies), the fair market value of the gift, and other factors.
A gift to the University's Pooled Income Fund is combined with the contributions of many donors, each of whom owns a share of the pooled fund's assets to support the purpose you designate.