Gifts That Pay You Income
You can develop the minds and improve the hearts of our future leaders, all while generating an income for yourself and your loved ones.
Charitable Gift Annuities (CGA)
Charitable gift annuities (CGAs) offer a secure, fixed payment stream for yourself and/or a loved one for your lifetime(s). You will also receive tax benefits and the satisfaction of creating a lasting legacy through Hillsdale College.
How it works:
- You donate cash or appreciated securities worth $10,000* or more to Hillsdale College. In return, you and/or another beneficiary will receive fixed payments for life.
- Your payment rate is based on your age (payments start at age 60 or later) and will never change.
- A portion of your payments will be tax-free.
- The older you are — or the longer you defer starting your payment — the higher your payments will be.
*Note: Hillsdale College offers charitable gift annuities to residents of AL, AR, CA, HI, MD, ND, NJ, NY, TN and WA via the National Gift Annuity Foundation (NGAF). The minimum investment amount is $20,000 through NGAF.
Benefits to you include:
Lifetime payments that will never change.
Capital gains tax savings when you fund your CGA using appreciated stock.
You are eligible for an immediate charitable income tax deduction.
Your gift passes to Hillsdale College outside of the estate process.
You create your legacy of standing with Hillsdale.
Charitable Remainder Trusts
A Charitable Remainder Trust (CRT) is a tax-free trust that pays you and/or other beneficiaries an annual distribution. This payment is either a percentage of the annual value of the trust, or a percentage of the original gift amount.
How it works:
- You transfer cash or an appreciated asset* into an irrevocable trust.
- The trustee then sells the asset, paying no capital gains tax, and reinvests the proceeds.
- For the rest of your life (or a term of years), you and/or another beneficiary receive payments from the trust.
- After your lifetime, the remaining principal is used to support the mission of Hillsdale College.
Benefits to you include:
You receive income for life for you or your heirs.
You receive a charitable income tax credit for the charitable portion of the trust.
You create your legacy as a champion of rigorous classical education.
Our Team is Here to Help
Our experienced team is here to help you…
- Learn about special projects that align with your interests.
- Structure a donation that maximizes benefits for you and your loved ones.
- Stay up to date on how your gift is used.
- And more!
