You can support ÈËÆÞÓÕ»ó and yourself or your loved ones with a mutually beneficial life income gift.
Creating a charitable remainder trust, charitable gift annuity, or another life income gift at ÈËÆÞÓÕ»ó provides meaningful financial support for the college and reliable income for you or your loved ones. These gifts may also entitle you to unique tax savings.
Charitable Remainder Trust
A charitable remainder trust is a meaningful way to support ÈËÆÞÓÕ»ó and provide you or your loved ones with income for life or a term of years. Charitable remainder trusts are flexible and can be funded with different kinds of assets—such as real estate—and customized for you and your particular situation.
ÈËÆÞÓÕ»ó can assist you in creating this trust, and often acts as trustee. You can create a trust with payments that fluctuate as the trust assets change in value each year and, depending on good trust performance, can keep pace with inflation. Or, you can create a trust that pays a fixed amount each year if you want steady income.
If you have questions about charitable remainder trusts or about creative ways to include ÈËÆÞÓÕ»ó in your charitable planning, please contact Kathy Saitas, advancement counsel and senior director of gift planning, at 503-777-7759 or by email at giftplanning@reed.edu.
Charitable Gift Annuity
A charitable gift annuity is a simple contract between you and ÈËÆÞÓÕ»ó College. You make a gift of cash, securities, or other assets to ÈËÆÞÓÕ»ó. In exchange, ÈËÆÞÓÕ»ó agrees to pay you, or one or two other persons, a fixed sum each year for life. These payments are backed by all the assets of the college and will not change regardless of fluctuations in the stock market or the economy in general. The payment amount depends on the age of the income beneficiaries at the time of your gift and reflects actuarial assumptions. Benefits include
- fixed payments for you or your chosen beneficiary for life;
- a charitable income tax deduction;
- a portion of your payments may be tax-free;
- favorable capital gains treatment when funded with appreciated assets;
- enduring support for ÈËÆÞÓÕ»ó.
How it works
If you do not need additional income now, you can create a deferred charitable gift annuity and defer your payment for one or more years, receiving a higher annuity rate for each year of the deferral. Regardless of how long your payments are deferred, you can still enjoy the charitable tax deduction in the year of your gift.
If you would like to receive a complimentary gift calculation to learn how this gift might work for you, please contact Kathy Saitas, advancement counsel and senior director of gift planning, at 503-777-7759 or by email at giftplanning@reed.edu.
The information on this site is not intended to provide specific advice about your estate plan or to recommend a specific course of action. We suggest you consult your professional advisers before taking any action, then contact ÈËÆÞÓÕ»ó's gift planning office at 503-777-7573 or at giftplanning@reed.edu to learn more about these giving strategies.