In addition to bequest gifts, Brandeis offers many additional life-income planned gifts that will pay you income and may help with your own tax estate plans:

Charitable Gift Annuity
With the establishment of a charitable gift annuity, the donor or other named beneficiary will receive a fixed income for life. The rate of return is based on the annuitant's age at the time the gift is made. (A portion of the annual income to the annuitant is generally tax-free. Currently, rates for an individual age 75 is paying a rate of 7.1% and for an individual age 80 the rate is paying 8.0%; for a couple age 85 and 90 the rate would be 8.4%.)

This type of gift includes an upfront tax-deduction for the gift and may include a sizable tax-deduction on the income you receive from Brandeis, thereby creating a much higher effective yield to you.

Deferred Payment Gift Annuity
A deferred payment gift annuity is identical to a charitable gift annuity, with the exception that payments to the annuitant will not begin until some future date (more than one year from the date of the gift). The advantage to the donor is that the charitable deduction may be taken the year of the gift, and income, at a high rate of return, may be deferred until future years, perhaps for retirement purposes.

Charitable Remainder Unitrust
This is a separately invested fund with its own portfolio. One form of this trust arrangement specifies that the income beneficiary receives annual payments for life or a term of years. On the death of the beneficiary or survivor beneficiary, the remainder comes to Brandeis. The donor may make additional contributions.

Charitable Remainder Annuity Trust
This is also a separately invested portfolio, but the income is a fixed dollar amount agreed upon between the donor and the school. At the death of the last beneficiary, Brandeis will receive the remainder. The donor may not make additional contributions.

Charitable Lead Trust
The charitable lead trust is a short-term trust that pays income to Brandeis for a term of years. Brandeis's income interest must be in the form of a guaranteed annuity or unitrust. At the end of the trust period, the entire trust principal plus any appreciation and undistributed income returns to the donor or the designated beneficiaries.

Pooled Income Fund
A pooled income fund is a charitable trust in which the donor's gift of cash or securities is combined with the gifts of other individuals, and then invested by Brandeis. Brandeis pays income quarterly at a variable rate of return to the donor or the donor's named beneficiary during his or her lifetime and then, if the donor wishes, to another individual of the donor's choice.

We have specific brochures that speak to many of the topics discussed above and we have a summary brochure that goes into more depth on the topic of planned giving opportunities. Please call or write us and we will be pleased to mail to you the appropriate material. If you choose, we can also run specific examples suited to your situation (based upon your age). Your requests are held in confidence.