Ottawa University Planned Giving

Charitable Gift Annuity

The concept of a gift annuity is simple. You donate assets that we reinvest. We agree to make fixed payments to you for life (and, if desired, for another beneficiary's lifetime). Then, the funds are available for our use. A charitable gift annuity is particularly attractive because the rates (based on your age) typically produce higher yields than you would receive in the stock and bond markets. And when this aspect is combined with partially tax-free funds, the effective rate of return is even higher.

Benefits

• Lifetime payments for yourself and possibly another person
• Charitable deduction for a portion of the value of the gift
• Part of the annual payments is considered a tax-free return of capital
• Capital gains tax savings when you contribute appreciated securities