Gift Planning
Deferred-Payment Gift Annuity
How It Works
- Transfer cash or other property to the University of Illinois Foundation
- The University of Illinois Foundation agrees to make payments for the life of one and up to two annuitants (payments are backed by our entire assets)
- The balance of the transfer inures to the University of Illinois Foundation for the benefit of UIC
Benefits
- Payments for life that are favorably taxed
- When gift is funded with cash, part of payment will be tax-free
- 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 UIC
More Information
Request an eBrochure
Request Calculation
Contact Us
University of Illinois Foundation |
1305 W. Green Street MC-386 |
© Pentera, Inc. Planned giving content. All rights reserved.
Disclaimer