Charitable Gifts Annuity
Deferred Payment Gift Annuity
Pooled Income
Charitable Remainder Unitrust  
Charitable Remainder Annuity Trust
Charitable Lead Trust
Gifts of Personal Residence or Farm with Retained Life Estate

To calculate an Income Gift click here.

Charitable Gifts Annuity (back to top)
The donor makes an irrevocable gift to the Foundation in exchange for a fixed income for life. The payout rate is determined by the age(s) of the individual(s) receiving the income. The donor receives an immediate income tax deduction (in some cases, a portion of the annuity income is tax-free), and the assets are removed from the donor’s estate.

For rates on Single Life Gift Annuity click here.

Deferred Payment Gift Annuity (back to top)
The donor makes an irrevocable transfer of assets to the Foundation now in exchange for a fixed income to begin at a specified date in the future. The longer the deferral of the income, the higher the payout rate and the tax deduction.

Pooled Income (back to top)
The donor makes an irrevocable transfer of money or securities (except those that are tax-free) to a supporting organization which serves as trustee for a professionally-managed pooled investment fund. Delta State University the Foundation is named the remainder beneficiary. Income beneficiaries are assigned units in the fund in proportion to the amount contributed, and income is paid to them for life from the actual earnings of the assets under management. Upon the death of the income beneficiary or beneficiaries, the Foundation receives the remainder value of the units in the fund.

Charitable Remainder Unitrust (back to top)
The donor transfers cash, securities or other assets to a trustee in exchange for the trustee’s agreement to pay an income to the donor that is equal to at least five percent or more of the net fair market value of the trust assets as determined annually. The trust will terminate at the death of the last of the beneficiaries, or a term of not more than 20 years, and the corpus and accrued income will be distributed to the Foundation. An immediate income tax charitable deduction is allowed for the remainder value.

To calculate an Income Gift click here.

Charitable Remainder Annuity Trust (back to top)
The donor transfers cash, securities or other assets to a trustee in exchange for the trustee’s agreement to pay named beneficiaries a fixed sum of money—at least five percent of the initial fair market value of the trust assets. Once established, the annual amount never changes. Payments are made to the donor/beneficiary or to anyone designated for life or a period of time not to exceed 20 years. At the death of the last beneficiary or the expiration of the term of years, the trust will terminate, and the assets will be distributed to the Foundation. An immediate income tax charitable deduction is allowed for the remainder value.

Charitable Lead Trust (back to top)
The donor transfers money or property to a trustee who makes payments to the Foundation for a specified number of years, after which the principal is returned to a designated non-charitable beneficiary, usually a family member. The income to the charitable beneficiary can be variable (unitrust) or fixed (annuity trust). The lead trust may provide the donor with a current income tax deduction and can assist in avoiding or reducing generation-skipping estate taxes.

To calculate an Income Gift click here.

Gifts of Personal Residence or Farm with Retained Life Estate (back to top)
The donor gives the property to the Foundation but retains the use of it during his or her lifetime. During the donor’s lifetime, he or she pays the taxes on the property and is responsible for upkeep. The irrevocable transfer generates an immediate income tax deduction for the donor.