Make a Gift

Deferred or Planned Gifts

A life-income gift results in the donor (or a person the donor designates) receiving income for life; after the income-beneficiary dies, the DFNC and the School of Dentistry use the gift as intended by the donor. Life-income gifts have tremendous benefits for people who want to make a major gift to the DFNC but need to keep the income their assets can produce, for example, to fund their retirement years. There are differences among kinds of life-income gifts, but their common advantage is twofold: income to the donor or a designated beneficiary and favorable tax treatment. Here are a few life-income gifts with these advantages:

• Charitable Gift Annuity (Current)
• Charitable Gift Annuity (Deferred)
• Pooled Income Fund
• Charitable Remainder Trust

Two important notes:

1. The legal and tax aspects of making a life-income gift mean a donor must seek expert assistance from a qualified tax advisor.
2. A life-income gift is irrevocable; the donor cannot later change his or her mind.

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