Gifts that provide income | Office of Advancement

Income-producing gifts

A gift that gives back

Charitable gift annuity

A charitable gift annuity is a simple way for donors to make a gift with some attractive benefits. A donor makes a gift of cash or publicly traded securities, and in exchange the University of Minnesota Foundation agrees to pay the donor, or others the donor has designated, a fixed amount annually for life, with the payments backed by all of the assets of the foundation. At the termination of the gift annuity, the remaining assets support the campus, college, or program the donor has designated.

Charitable remainder trust

A charitable remainder trust is an excellent gift option for donors who wish to support the University of Minnesota while retaining income for themselves or others. This type of gift can be particularly useful for donors who want to increase current income and diversify assets without paying upfront capital gains tax.

DISCLAIMER

Information on this website is not intended as legal or tax advice. For information on how any gift may affect your tax situation, please consult with your own professional advisor.