Charitable gift annuities – a win-win!

Charitable gift annuity rates increased again in 2024, making the payout rates the highest they have been in 16 years. A charitable gift annuity allows donors to: 

 

  • Make a gift to the University of Minnesota while receiving fixed income for life
  • Receive an immediate income tax charitable deduction for a portion of the gift
  • Provide some tax-free income
  • Save on capital gains tax if appreciated securities are used to fund the gift.

To learn more, use our gift calculator at https://z.umn.edu/9hc8

 

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Make a plan for 2025

Whether your goal is to take care of your loved ones, preserve your assets, or give to your favorite charitable organizations, a well-crafted estate plan can ensure your wishes are honored.

New IRA Qualified Charitable Distribution limits

The maximum amount that IRA owners age 70 ½ or older can give as an IRA qualified charitable distribution (QCD) in any one tax year is adjusted annually for inflation.

MAKE THE MOST OF YOUR YEAR-END GIVING

Your generosity will provide essential support to students, faculty, research, and programs at the University of Minnesota or M Health Fairview.