Gift Planning

Charitable Gift Annuity—Immediate Payment

Immediate-Payment Charitable Gift Annuity Diagram

How It Works

  1. Transfer cash or other property to UAlbany
  2. UAlbany guarantees to make lifetime payments for up to two annuitants

 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 UAlbany

More Information

Contact Us

Lori A. Matt-Murphy
Associate Vice President, Planned Giving
Phone: (518) 437-5090 Toll Free: (888) 226-5600
lmatt-murphy@albany.edu

 

University at Albany
Office of Gift Planning
1400 Washington Avenue, UAB 226
Albany, NY 12222

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