Gift Annuities
Charitable Gift Annuity
- In exchange for a gift of money or property to the university, Stanford promises to pay a fixed amount each year to you or your designated beneficiary for life.
- Gift annuity contracts essentially consist of two parts:
- A current tax-deductible gift to Stanford.
- The right to receive a fixed-dollar amount of income each year for the life of one or two beneficiaries.
- The annuity payment amount will depend upon the beneficiary's age at the time of the gift and the value of the property donated. If the gift is funded with cash, a substantial part of the annual annuity payments may be entirely tax free. In some states, regulations may prevent Stanford from offering gift annuities to residents of those states.
Example of a Charitable Gift Annuity
Deferred Gift Annuity
- Works the same way as a charitable gift annuity, except that the first annuity payment is deferred for at least one year from the date of the gift.
- This is an excellent method of arranging dependable retirement income.
- By deferring the date on which annuity payments begin, you will receive a larger income tax charitable deduction in the year of the gift.
Example of Deferred Gift Annuity
For more information about gift annuities, please contact:
Carol Kersten
Director of Planned Giving
650.725.5524
