Life Income Gifts
Make a gift to support Yale’s mission and reap significant tax and life income benefits for you and your family. Yale offers several life income gift options, including charitable gift annuities, charitable remainder trusts, charitable lead trusts, and pooled income funds.
Contact us at development.plannedgiving@yale.edu or 203.432.5436 for more information, current rates, or to discuss your plans.
Charitable Gift Annuities
Simple, stable, and secure, a charitable gift annuity (CGA) is a contract between you and Yale. In exchange for a gift of $10,000 or more, Yale will make guaranteed, fixed payments for life to you or to beneficiaries you select. When the annuity ends, the remainder is used by Yale for a purpose you choose.
Liana Leung ’97
“When a friend told me about CGAs, I was immediately intrigued by this way of donating to Yale. I like that the flexible deferred CGA lets me choose when I can begin receiving payments, and that the longer I wait, the greater the payments become.”
Charitable Remainder Trusts
With a charitable remainder trust (CRT), you irrevocably transfer a gift of assets into a trust. You, another person, a financial firm, or Yale may serve as trustee.
The trust then pays income to you and/or your beneficiaries for a set term or a lifetime. This income can be fixed or variable depending on the type of charitable trust you choose to establish.
At the end of the term, the remainder of the trust principal goes to support an area of Yale designated by you.
Paul Copeland ’72, ’78 MD and Maura Copeland
“Our charitable remainder unitrust increased our income and saved taxes. It is ideal from a financial standpoint and also enables us to affirm our values. We want Yale to continue to be fully inclusive and available to any qualified student.”
Charitable Lead Trusts
A charitable lead trust holds your appreciating assets for your lifetime or for a set term and pays annual income to Yale.
The university benefits from this income stream while your family enjoys many significant tax advantages. When the trust terminates, the principal passes to your heirs.
Pooled Income Funds
With a pooled income fund, your gift of cash or securities is irrevocably combined for investment purposes with gifts from other Yale donors in a charitable trust. You or your beneficiaries receive regular payments for your proportional share of the fund’s net income.
When you or the last of your beneficiaries passes away, your portion of the fund’s principal is removed and used by Yale for the purpose you designated when you made your gift.
