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MSU Home :: Gifts That Pay You Income

Gifts That Pay You Income

Did you know there's a gift to Morehead State University that returns payments to you? Yes, the IRS allows and encourages these creative plans that can stretch your giving ability. Here’s how they work:

Some of the best ways to support Morehead State University are available through life-income gifts. These "Gifts That Pay You Income" help you make a substantial gift to MSU while increasing your incomes!

The plans described here all have one substantial advantage over investment vehicles you read about elsewhere: these plans produce generous gifts to Morehead State University. Won't it be great to provide for yourself and the people we serve?
 

What life-income gift best fits your needs?

Charitable Gift Annuities

You transfer cash or securities to Morehead State University. Our suggested minimum gift requirement is $10,000. MSU pays you, or one other beneficiary you name, fixed income for life. Beneficiaries are recommended to be at least 65 at the time of the gift. The remaining balance passes to MSU when the contract ends.

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

Deferred Gift Annuities

You transfer cash or securities to Morehead State University. Our suggested minimum gift requirement is $10,000. Beginning on a specified date in the future, MSU begins to pay you, or up to two annuitants you name, fixed annuity payments for life. Beneficiaries are recommended to be at least 65 to begin receiving payments. The remaining balance passes to MSU when the contract ends.

Deferral of payments permits a higher annuity rate and generates a larger charitable deduction. You can target your annuity payments to begin when you need them, such as retirement or when a grandchild needs help with tuition payments. The longer you defer payments, the higher the effective rate of return you will receive.

Charitable Unitrust

You transfer cash, securities or other appreciated property into a trust. The trust pays a percentage of the value of its principal, which is valued annually, to you or beneficiaries you name. When the trust terminates, the remainder passes to Morehead State University to be used as you have directed.

Receive income for life or a term of years in return for your gift. Receive an immediate income tax deduction for a portion of your contribution. Pay no upfront capital gains tax on appreciated assets you donate. You can make additional gifts to the trust as your circumstances allow for additional income and tax benefits.

Charitable Annuities Trust

You transfer cash, securities or other appreciated property into a trust. The trust makes fixed annual payments to you or to beneficiaries you name. When the trust terminates, the remainder passes to Morehead State University to be used as you have directed.

Receive income for life or a term of years in return for your gift. Receive an immediate income tax deduction for a portion of your contribution. Pay no upfront capital gains tax on appreciated assets you donate. Your trust can meet personal or family needs that are tied to a specific time frame, such as tuition payments.

Contact us if you have any questions on the gifts that pay you income. 
 

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