About Charitable Gift Annuities
If you’re looking for a way to maintain your current lifestyle, increase your financial security, and lower your taxes, consider creating a charitable gift annuity. You will receive fixed annual payments for as long as you live.
If you are under 60, you may want to consider a Deferred Charitable Gift Annuity, where payouts start after you hit a certain age.
Benefits
- Receive an immediate income tax deduction for a portion of your gift
- Annuity payments are guaranteed for life, backed by a reserve and the assets of our organization
- Annuity payments are partially tax free, making them more valuable than fully taxable income of the same size
How it works
- Set up an annuity contract with Rutgers University Foundation and transfer cash or securities as outlined in the agreement.
- We invest the assets and pay you (or up to two annuitants) fixed income for life, with the amount depending on the size of the transfer and the age of the annuitants.
- The remaining funds pass to us when the contract ends, creating a meaningful impact.
Explore Whether a Charitable Gift Annuity Is Right for You
A personalized illustration can help you understand your potential income, tax advantages, and charitable impact. Contact our Estate and Gift Planning team to get started.
Contact Us
Our team is available to discuss your philanthropic goals and explore giving options that align with your values, family, and financial priorities.
Already included us in your estate plan? Let us know.
More ways to make an impact
Gifts in a will or trust
These are the most common type of planned gift. Learn more or get started with a free online will or trust tool.
Beneficiary designations
Retirement assets like IRAs and 401(k)s can be among the most tax-efficient assets to leave to charity, helping maximize your impact while preserving other assets for loved ones.
Popular tax-smart gifts
Many donors choose to give non-cash assets because they may provide tax advantages while maximizing charitable impact.