I had an endowed professorship at UC-Berkeley that supported my research, so I know how important these funds are.
Richard Meese (’76 MA L&S, ’78 PhD L&S)
Under Age 60
For the charitably inclined, certain types of gifts can provide solutions to taxing problems:
Deferred-payment Charitable Gift Annuity
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 of Wisconsin.
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 of Wisconsin.
This fund pools gifts (cash and securities) from donors for investment purposes, and beneficiaries receive a proportionate share of the net income earned by the fund for life. the University of Wisconsin receives the principal value at the death of the beneficiaries.
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.
