Dave and I decided to give one gift this year, rather than several smaller ones, and maximize the impact. We felt that a gift to child care would be one that provided an immediate impact in an area of critical importance.
Nancy Borghesi (’69 BA L&S), married to David (’70 BBA)
Age 60-70
For the charitably inclined, certain types of gifts can provide solutions to taxing problems:
Charitable Gift Annuity
In exchange for your gift, the University of Wisconsin will provide payments for life to you or a beneficiary you designate.
If you are making the maximum annual contribution to your retirement account but you are unsure whether there will be enough income when you retire, consider establishing a deferred-payment charitable gift annuity with the University.
You create a trust, and income from the trust is paid to beneficiaries you specify. Beneficiaries receive income for life or for a specified number of years, and at the end of the trust term the assets of the trust pass to the University.
If you would like to make a substantial gift to charity but you do not have the current disposable income or assets to do so now, consider a charitable bequest.
