Charitable Gift Annuities

You may establish a charitable gift annuity by making a contribution to the Miami University Foundation. In exchange, you are contractually guaranteed a fixed annual payment for life. This allows you to provide meaningful support for Miami University while also ensuring a steady income for yourself. You may also select one additional beneficiary should this meet with your financial goals.

The amount of the annuity payments is determined based upon the age(s) of the individual(s) receiving the annuity payments and the amount of the gift contributed. The annuity rates used by the Miami University Foundation are those suggested by the American Council on Gift Annuities.

You may claim a charitable deduction on your income tax return in the year the gift annuity is established. A portion of each annuity payment is treated as a tax-free return of the original contribution. Should you choose to fund your charitable gift annuity with appreciated securities, there will be no immediate capital gain tax implications for you. Instead, a portion of each annuity payment is treated as a return of the capital gain, thereby spreading any capital gain taxes over the life of the gift annuity contract.

An additional option is to defer receiving gift annuity payments until a predetermined date of your choosing. This will allow you to benefit from a current tax deduction and also realize a higher annuity rate than you would receive if you chose to begin receiving payments immediately.

Charitable gift annuities are regulated by individual state laws. Since regulations are subject to change, we suggest you or your advisor contact the Office of Planned Giving to verify that we have the ability to enter into a contractual agreement in your state of residence.