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.


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


  • 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.