- Charitable Gift Annuity
The charitable gift annuity provides a gift to and, at the same time, an income fund for the donor. In exchange for an acceptable gift of property, marketable securities or cash, USC will contractually guaratee to pay you or another beneficiary a specified annuity for life.
- Deferred Charitable Gift Annuity
The deferred charitable gift annuity, similar to the charitable gift annuity, combines the benefits of making a gift to USC (property, marketable securities, cash) and providing an income fund for the donor. It appeals to younger donors who wish to supplement their income when they reach a later age.
- Bequest
The bequest, one of the most frequent forms of planned giving, is fully tax deductible and can help reduce estate taxes in large estates. In more modest estates, a donor can make a larger gift than would have been possible in one''s lifetime.
- Insurance Gift
The insurance gift, with the University being named as primary or contingent beneficiary, is a popular gift.
- Charitable Remainder Annuity Trust
The charitable remainder annuity trust is irrevocable and provides a fixed income based on the value of the assets at the time the trust is created. Capital gains tax can be avoided or postponed when the trust is created, and an income tax deduction is available for a portion of the property value. There can also be estate tax benefits.
- Charitable Remainder Unitrust
The charitable remainder unitrust is also an irrevocable trust but provides fluctuating income based on a fixed percentage of the annual value of the trust. Capital gains tax can also be avoided or postponed when the trust is created, and an income tax deduction is available for a portion of the value of the property.
- Charitable Lead Trust
The charitable lead trust allows the donor to provide an institution with income for a period of time determined by the donor (5, 10, 15, 25 years or more). The assets are then given to one or more beneficiaries who receive the remainder trust. It can be possible to transfer assets to heirs with little or no estate and gift taxes due.
