Gift Planning

Deferred-Payment Gift Annuity

Deferred-Payment Charitable Gift Annuity Diagram

How It Works

  1. Transfer cash or other property to Colgate
  2. Colgate guarantees to make lifetime payments for up to two annuitants beginning at a future date of your choosing—minimum age 65 (You can establish a Flexible Deferred-Payment Gift Annuity if you aren’t sure when you would like to begin receiving payments.)
  3. Remainder to Colgate

Benefits

  • Guaranteed payments for life that are favorably taxed
  • When gift is funded with cash, part of payment will be tax-free
  • When gift is funded with appreciated property, part will be taxed as capital gain, part will be tax-free, and part will be taxed as ordinary income
  • Federal income-tax deduction for a portion of your gift
  • Freedom to select the beginning date for your payments with a Flexible Deferred-Payment Gift Annuity
  • Gift will provide generous support for Colgate

gift_icon.png Find out about the Flexible Deferred-Payment Gift Annuity

More Information

Contact Us

Andrew M. Coddington
Associate Vice President, Office of Advancement
Director of Planned Giving
(315) 228-7450
acoddington@colgate.edu

Kim Manner
Department Administrator
kmanner@colgate.edu
(315) 228-7450

 

Rebecca Calvert
Associate Director of Planned Giving
(315) 228-6936
rcalvert@colgate.edu

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The discussion herein is general in nature and may not apply to all individuals. Prospective donors are urged to consult their personal tax and financial advisors concerning the specific consequences of making gifts to Colgate. We would be pleased to discuss, in confidence, ways in which you may support Colgate. These measures may also have an impact on your estate planning.

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