You can give to the OU Foundation, in support of the OU College of Medicine, while earning an income from your gift.
You can learn more about these special opportunities in our free brochure, Gifts That Pay You Income, and other complimentary planning resources. These resources are just a click away!
Charitable Gift Annuities
Charitable gift annuities (CGAs) offer a secure, fixed payment stream for yourself and/or a loved one for your lifetime(s). You will also receive tax benefits and the satisfaction of creating a lasting legacy through the OU College of Medicine.
How it works:
- You donate cash or appreciated securities worth $100,000 or more to the OU Foundation, in support of the OU College of Medicine. In return, you and/or another beneficiary will receive fixed payments for life.
- Your payment rate is based on your age (payments start at age 60 or later) and will never change.
- A portion of your payments will be tax-free.
- The older you are — or the longer you defer starting your payment — the higher your payments will be.
Benefits to you include:
- Lifetime payments that will never change.
- Capital gains tax savings when you fund your CGA using appreciated stock.
- You are eligible for an immediate charitable income tax deduction.
- Your gift passes to the OU Foundation, in support of the OU College of Medicine, outside of the estate process.
- You create your legacy of advancing healthcare.
Charitable Remainder Trusts
A Charitable Remainder Trust (CRT) is a tax-free trust that pays you and/or other beneficiaries an annual distribution. This payment is either a percentage of the annual value of the trust, or a percentage of the original gift amount.
How it works:
- You transfer cash or an appreciated asset* into an irrevocable trust.
- The trustee then sells the asset, paying no capital gains tax and reinvests the proceeds.
- For the rest of your life (or a term of years), you and/or another beneficiary receive payments from the trust.
- After your lifetime, the remaining principal is used to support the mission of the OU Foundation, in support of the OU College of Medicine.
Benefits to you include:
- You receive income for life for you or your heirs.
- You receive a charitable income tax credit for the charitable portion of the trust.
- You create your legacy of supporting cutting-edge medical research.
*While donating real estate is the most common way to fund a charitable trust, a wide variety of assets can be used, including cash, appreciated publicly traded or closely held stock, as well as oil, gas or mineral interests.
See Your Impact
Prospective students at the OU College of Medicine dream of a career caring for patients and improving lives. By alleviating financial burdens through scholarships, students like Jordan Zimmerman can fully dedicate themselves to their dream of helping others through medicine.
Our Team is Here to Help
Our experienced team is here to help you…
- Learn about special projects that align with your interests.
- Structure a donation that maximizes benefits for you and your loved ones.
- Stay up to date on how your gift is used.
- And more!