Charitable Gift Annuity

How It Works

• You transfer cash or securities to William & Mary.
• W & M pays you or one other beneficiary you name fixed income for life.
• The remaining balance passes to W & M when the contract ends at the death of the last beneficiary.

Note:

• Beneficiaries must be at least 65 at the time of the gift for an immediate gift annuity.
• Our minimum gift amount is $25,000.

Benefits

• Receive dependable, fixed income for life in return for your gift.
• In many cases, increase the yield you are currently receiving from stocks or CDs. 
• Receive an immediate income tax deduction for a portion of your gift.
• A portion of your annuity payment will be tax-free.

• A Steady Stream of Cash You Can Rely On

Next

• More detail on gift annuities.
• Frequently asked questions on gift annuities.
• Contact us so we can assist you through every step.