What is a UW Hillel charitable gift annuity?
A UW Hillel charitable gift annuity is a simple contract between you and Hillel. In return for your gift, Hillel agrees to make fixed payments to you and/or another person you designate, for life, at attractive interest rates. Is there a minimum gift I must make to establish a Hillel gift annuity? Yes. You can establish a UW Hillel charitable gift annuity for as little as $5,000. There is no upper limit. What assets can I use to make my gift? You can use cash, personal check, cashier’s check, money order, credit card, or appreciated stocks and mutual funds to make your gift. What are the tax benefits of my gift? You are eligible to claim a federal income tax deduction in the year you make your gift. In addition, a substantial portion of your guaranteed annual payments will be tax-free. If you make your gift with appreciated stock, you may also save on capital gains taxes. Hillel will send you a tax summary form each year. How are the annuity rates set? Hillel, like most other reputable
