If you have been advised against annuities, keep in mind that a charitable gift annuity (CGA) is significantly different from a commercial annuity.
When alumni and friends express an interest in establishing CGAs, their decision usually begins with charitable intent, which is not the goal of commercial annuities.
Other ways they differ include:
Charitable gift annuities and the benefits they return to the donor make legacy gifts manageable for most alumni no matter what their financial circumstances may be.
For some donors, a charitable remainder trust may be a better option.
Request a no-obligation CGA gift illustration customized for you!
This information is not intended as tax, legal, or financial advice. Gift results may vary. Consult your personal adviser for information specific to your situation.