Charitable Gift Annuities

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How It Works

You transfer cash or securities to the College.

After the transfer, the College pays you, or up to two annuitants you name, fixed income for life.

The principal passes to the College 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 College.
  • 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 College later.

More

To learn more about charitable gift annuities, Email us, complete the Information Request form, or call us at (315) 445-4644 so that we can assist you.


1419 Salt Springs Road, Syracuse, NY 13214   ·   (800) 333-4733   ·   (315) 445-4100