You make a gift of cash or securities—a minimum of $10,000 is required—to Wagner College and receive annual income for life. Donors must be at least 35 years old. If you are younger (under 55), you may wish to look into a deferred payment charitable gift annuity that postpones the income to a future date while allowing you to make the gift now and receive immediate tax benefits.
Income rates and tax benefits are based on the age of the donor at the time income is received. The older the donor, the higher the rates and tax benefits. Charitable gift annuities may be written for one or two lives.