Are you tired of living at the mercy of the fluctuating stock and real estate markets? A charitable gift annuity is a gift made to Purdue that can provide you with a secure source of fixed payments for life.
You transfer cash or property to Purdue. In exchange, we promise to pay fixed payments to you for life. The payment is dependent on your age, and a portion of each payment may even be tax-free. You will receive a charitable income tax deduction for the gift portion of the annuity.
If you decide to fund your gift annuity with cash, a significant portion of the annuity payment will be tax-free. You may also avoid a portion of the capital-gains tax by making a gift of appreciated securities to fund a gift annuity.
Contact the Office of Planned Giving at 765-494-2727 or firstname.lastname@example.org.
There are different types of charitable gift annuities: