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Related Links
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Charitable Gift Annuity
A Benefit of Aging
How it works
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You transfer cash or securities to the MU Foundation. |
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The MU Foundation pays you, or up to two annuitants you name, fixed income for life. |
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The principal passes to the MU Foundation when the contract ends. |
Benefits
- You receive an immediate income tax deduction for a portion of your gift.
- Your annuity payments are guaranteed for life, backed by a reserve and the assets of the MU Foundation.
- Your annuity payments are treated as part ordinary income, part capital gains income (15%), and part tax-free income.
- You can have the satisfaction of making a significant gift that benefits you now and the MU Foundation later.











